I closed my $CoreWeave, Inc.(CRWV)$ position today.
Big picture, I still think over the next 6+ months we can see price back in the 180–200+ area.
Nothing about the long-term thesis has really changed for me.
Short term, though, we just had an aggressive gap up in a very short period.
While we nailed the bottom over the last couple weeks, my average cost wasn’t ideal.
If my average were under 70, I’d be far more comfortable simply sitting through the volatility and letting it play out.
But here’s the key: my job is to protect both capital and mental bandwidth.
Right now, I’d rather lock in gains, step aside from the short‑term noise, and look to re‑enter at a cleaner level if we get a pullback in the coming weeks.
If we do, I’ll be very interested in getting back in and I’ll call it out.
If we don’t pull back and price runs straight to 200 without me, that’s fine.
I’ve missed plenty of moves in my career, and I’ll miss more in the future.
There is always another opportunity and plenty of other names setting up that I can focus on.
The point is not to catch every dollar of every move.
The point is to follow a process that keeps you in the game year after year.
Congrats to everyone who bought the dip and managed this well.
Let’s see where it goes from here.
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