It was already my #1 position so I was cautious in adding. Now, I just wish I had bought more!
AYX (and OKTA) always seemed to me to have strong appeal with sticky and somewhat viral business models. If was for this reason that I purchased FULL positions of both in January 2018 after becoming aware of them. I did the same with Tesla in 2012. Those three positions are now up 400%, 325% and 2,250%, respectively.
I mention this not to brag, or to call into question anyone’s investment decisions or timing, but rather to suggest that buying in thirds (or on some other graduated basis) may not always be necessary if you have enough conviction in your LTBH investment rationale.
Food for thought.
Fool on…!
-Rockleppard