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Friday, December 02, 2016 3:45:22 PM
But since you are posting to me in such a manner, I'd like to say it is interestingly ironic how you may be appearing to poke a little fun at me, yet you are one of those who are in this since 1+.
With these types of stocks, you should only short term trade. I may have missed the bottom on this $APHB a short while back (while no one is 100% perfect all the time), but at least I'm using the right mind set for a strategy on it, which is treating a stock like this as only a short term mechanism-- not as a "long term investment hold" as you have been doing in a retirement acct (as noted in your past post below).
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You should treat stocks like this as short term trades, not as long term hold investments.
APHB is part of the highly speculative category that continually has a long term downtrend while it funds most of its business on dilutive share offerings, and is a biotech only in development stage and many years away from any possibility of having a marketable approved drug. Treating this like an investment is almost like hoping for a lotto ticket with enormous odds against you. Good investing does not apply lotto ticket style risk (especially when it comes to an IRA)
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