LadRx Corp (LADXD)

[Steptwice]

Yes, but I just like to take SB with a grain of salt. He IS a short. Not saying I blame him but he is. Heres text from his post back in 2016.

"I usually hedge new long positions with a short position of equal value in a parallel account with a different brokerage. That way if the stock goes up immediately (very rare although its never happened to me, most likely because my broker sends a naked short request up the chain) I break even. As they walk it down I gradually cover the new short position with a modest gain, transfer cash to the long account with half the amount I want to invest long, the other half to the short account, and repeat. It doesn't give me much leverage to be honest but the additional 30-40% market share it gets me probably makes the difference when I win, which is usually. I think I'm 13 for 17 in biotech over 25 years, and 9 of my last 9. "