Key Message Folks...try not to fight the price action in these biotechs. If they are going down then there is a reason or the market does not believe in it now. Weak biotechs getting shaken out especially if you are in a hard to treat disease touting success on limited data. Trade what you see not what you hear!! That will save you time, stress, & money. Be realistic in your PT's for these companies. Lock profit early & often. Cut losses quickly or give yourself a limit. Don't add to bad trades hoping the stock moves up. Watch what occurs from your original position over a period of time then react.
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