TGTX

Hello again Mr. Marty.

Are you still holding TGTX? If not, what was the reason(s) you sold? If you are holding, what is the reason(s)?

Thanks for your help / wisdom 🙂

I currently do NOT hold TGTX in my trading account. I sold the stock as it traded below the 50 day line. I like that stock as it has excellent fundamentals. However, I  do not know how long it will take to form a base. I can trade stocks like CRWV HIMS  and HOOD and make gains while TGTX takes its time out.

I have bought six stocks in a retirement account that I do not plan on trading for a few years. HOOD BROS HIMS DASH RBRK  and TGTX. These are growth stocks that must be watched fairly closely.

TGTX has a window for solid growth trajectory for at least two years. They'll have roughly $600 million in sales this year and $1 billion in 2026. I believe by 2027 they will do nearly $2 billion in sales and that is where their growth trajectory is likely to slow. A company with $2 billion in sales and growing at a rapid pace will fetch a $12 billion to $20 billion market cap. That is when I plan to start trimming TGTX.  Currently it has torrid sales growth and the stock is in an uptrend. It has advanced 107% in the past year and clearly outperforming. I just do NOT like to sit through the  base building process.

Regards,

Marty