In today's world people are no longer long term investors. As soon as bad news comes out a selloff. There is also a sector problem with biotech stocks selling off recently.
The other problem is stock market in general is at bubble valuation when compared to 1929 2000 and 2007. This is with cyclical adjusted p/e ratio.
I tried to hold but sold once a support level was broken at 5.30. I made profit object in 3 weeks.
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