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Thursday, April 15, 2021 5:04:16 AM
Hard to understand from Mr. Cotropia's presentation why so many people sold today. Just makes zero sense. All he did was summarize in plain English what we all already knew. No one expected there to be some bombshell announcement in a technology podcast presentation, and he of course didn't give one.
Are people really this stupid? I mean, this is a biotech company. Yes, they have a dynamite product, but they haven't started clinical trials in the US yet. Everyone knew this was realistically going to be a long hold.
I lost some more faith in the human race today. I really do weep for the future.
JACK'S RULES OF TRADING
1. Never chase.
2. Never panic sell.
3. When in doubt, hold.
4. When things are bad, add.
5. Wait for reversals before buying or selling.
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