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Re: boozeman post# 240388

Monday, 01/13/2020 4:46:19 AM

Monday, January 13, 2020 4:46:19 AM

Post# of 426304
It is a sad yet simple truth that you can be invested in the right instrument but due to bad timing loose anyway. If you are not overleveraged and have some reserves to hold out through a trough and maybe average down (dont try martingaling so) you might very well come out even or better.
I accumulated a rather substantial position in AMRN up to ADCOM 1 and suffered the trauma of watching the FDA take us apart. To this day I can hear the confused mumbling of one of the docs on the panel who failed to understand the turnaround of the FDA guy as little as I did....
Due to Jesse and others on this board however I persisted and not even a decade later I am about to get rewarded even so I was so euphoric to add on ADCOM 2. again at recent highs..... so never rely on my take on timing yet even so I fail on tactics I made out on strategy after all..

Here is a most encouraging bit of news that popped up on my IB screen just now:

https://www.astrazeneca.com/media-centre/press-releases/2020/update-on-phase-iii-strength-trial-for-epanova-in-mixed-dyslipidaemia-13012020.html

- even so it is not the monday morning news break some have hoped for it is a nice start of the day !
not get
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