News Focus
News Focus
icon url

Maple tree

06/11/19 10:37 PM

#912 RE: skepticone #910

Bought @$8 and wait for even
icon url

abira

06/12/19 4:29 PM

#918 RE: skepticone #910

Just to update. I decided to sell my original RWLK position @$9.40 after the FDA news. It is a significant loss, as the average price for those shares was around $25. I don't have any RWLK shares left and I am not planning to buy any unless I see their sales are picking up.

In retrospect, even though selling my long position @$9.40 looks like a very good decision, I am still kicking my self because my stop-loss was triggered for my swing RWLK position just 2 days before the FDA news (I forgot that 5th of the month is when FDA releases the news for the approved devices) I could have recouped some of my RWLK losses if I was paying attention to my notes (and properly adjusted the stop loss conditions). Anyway, my journey with RWLK was very educational, albeit a costly one.