I am financially secure. At most, I risk about $3500 because I'll sell if they go below $24 each.

I did the same thing with Tesla, though they were $24 at the time.

I've written about this before, here in HN comments. I often make stock choices based on the commentary at sites like Slashdot and HN. No, I don't listen to people saying to sell or buy, I listen to the hype and commentary about the companies themselves. As another example I did well with Yahoo!

To be clear, this isn't serious money. I have someone who professionally manages my finances. This is more an experiment and is meant to to play around.

I know, that probably sounds a bit terrible. But, it's not money I am worried about losing and I'm actually doing pretty good at speculating. I make greater returns than the person who does it for me - which is to be expected. I take a bunch of risks, don't do traditional research, and don't even check the daily prices.

This assumes you catch it before it falls below $24, which you'll have to by hand since you said you don't have an automatic stop loss, just a notification.

Yeah, I'll get the notice and decide at that point. My current thoughts are $24 is the limit. I think I'll adjust the notification to $25 and maybe automate selling at $24.

That way, I can change my mind if, for some reason, I think it will rally.

stock traders can easily go into the $XX,000 for a single stock. just don't let those shares fall to zero before selling them and you're only really risking $X,000.