Bumble Portfolio Changes

Investments
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I today increased my Bumble position at an average price of $5.25 by 233% of a small base.
It’s now approx. 3.5% of the portfolio.

My main reasons are that it is very cheap and there are signs of good execution. It’s certainly a turnaround gamble at this point, but i think risk-reward is highly asymmetric.

In case the price is continuing to come down i am ready to buy more.

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I increased my position by 50% at a price of $3.57. It’s now again approx the same size as 10 days ago before it dropped around 33%.

Ready to buy more at lower prices and might consider increasing more even at the current price.