Fusion Pharm, Inc. (FSPM)

[TraderGash]

My advice is to have a plan BEFORE you enter a position. If you have no plan, exit the position now.
If you follow Max's plan, are you aware that you may be a bag holder one day?
Did you ever consider that Fusion Pharms business plan can be easily replicated. An established company with cash, existing manufacturing facilities, distribution and marketing could undercut Fusion Pharm and put them out of business.
Will you be happy with shares valued at less than one cent with no hope of ever moving up in price?
This scenario may never happen, but could happen. You need to know when to cut your losses.
I am willing to cover my short position when the price action tells me I am wrong, you should be willing to cut your losses too. You can always buy back in when the price trend starts heading back up.