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Thursday, 09/26/2024 8:24:50 AM

Thursday, September 26, 2024 8:24:50 AM

Post# of 131
Absolutely fantastic, timingwise my buyback was excellent, pricewise it was ok, bought back more than I had started with which I definitely hadnt planned for at the time, now have sold some in the pre-market, lets see where this goes, it could completely or partially retreat, trust me on that, hence why you must, I repeat must take some profits, how much profits and at what price is very very difficult to determine, but I use percentage move, 52 week hi/low, news or anticipation of future news, how much cash I need for other purchases etc. I try very hard not to use by lifetime average (profit or loss), its hard not to consider it, but I really try to distance myself from that - the market doesnt care what I paid for any shares and neither should I but still its hard. Look at price and where yu think price is going based on factors mentioned, etc. Where would I be out of the stock completely, possibly in the 9s somewhere, I would have to see how it moves, volume, etc. But let me say this for the Nth time - these biotech stocks retreat and usually there is no more news coming for months to support the price. If you can trade them at the lower end of their price history with any kind of success, you can effectively lower your average to the point that all the shares you have are free or very very cheap.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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