The Long Investor

$HIMS

Added 2025-05-13 16:49:03 +0000 UTC

No changes to the chart here but a reminder where the Wave 5 levels are.

The gap fill also completes at the first horizontal green line at $64.50 too and the price action does appear to be moving in this direction.

I trimmed 5% today at $61 because a run from $25 to $61 in 2 and a half weeks is as aggressive as they come and I want to add to other undervalued positions that have not moved into Wave 3 yet...without touching my Cash position.

A reminder that we compound our gains in this group

As I did selling $PLTR to buy $HIMS and then trimmed to buy $OSCR.

The total gained from these three positions over 12 months is well in excess of +1000% through compounding.

With no use of options or leverage.

$PLTR went from being undervalued to overvalued and too high risk, so we sold and put 80% of that position into $HIMS.

And in the first squeeze for $HIMS, I trimmed and added to $OSCR in Feb.

All the while we managed our risk and did not get caught out.

I will continue to do this over and over and managing our risk gets us these outstanding gains, without the need of options and leverage.

So if you feel like trimming $HIMS in this Wave 5 to allocate into an undervalued position, that is smart.....don't let anyone tell you any different....people who hold for too long believe they will not find a better opportunity but we have shown that we can find opportunities every week....regardless of what is happening with the market.

Having a strategy and managing your risk beats people chasing and holding overvalued positions.

Something to reflect on.