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DCF

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Alias Born 09/22/2017

DCF

Re: None

Wednesday, 05/19/2021 11:41:30 AM

Wednesday, May 19, 2021 11:41:30 AM

Post# of 42946
I liked this excerpt from Stock Down on Good News :

So, when you see people saying it’s a “sell the news” event, ask yourself, “Do I believe in the long term prospects of this company?”

“Are they growing?”

“Do people or companies like and use their products?”

Yes? Then you should consider holding.

Walk away from the computer. Watching your stock drop will just frustrate you. You’ll stress out. You’ll get angry. Your heart rate will go up. You might be tempted into selling just to protect your gains, which relative to indexes are probably pretty good.

But if you hold forever, you might make more money. A lot more. Why settle for 1.45x when you could sitting on a stock that goes 307x?

Just wait. Investing is all about patience.

Eventually, Wall Street has to let the stock behave naturally. Either they’ll facilitate a buyout, take the company private, or just stop manipulating it and let it behave normally. In most cases, if you wait long enough, you’ll win.

Unfortunately, this process can take a long time. Some stocks are manipulated for years before being allowed out of Wall Street Jail.

Good luck.
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Don't think it will take years for HGEN, but it sure feels like it's been years already.