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kevindenver

05/11/23 12:01 PM

#414912 RE: Investor2014 #414905

$AVXL was a pure trading position from 2015 to about 2018 and that's when I liked the story enough to change it to an investment position.
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LBSR TO DA MOON

05/11/23 12:14 PM

#414917 RE: Investor2014 #414905

Way to go Investor2014! IMO that is the absolute no-brainer way to invest in a pre-revenue speculative biotech stock...
The thought of anyone being invested in AVXL since the reverse split and not sitting on a core position with, at the very least, a zero-cost basis still blows my mind.
Hopefully, I'll get the chance to be one of the "dumb ones" here who unloads chunks of my core holding in the triple digits while the "WGT ones" end up being brilliant for holding their entire core through $1000+ per share! hehe

I’ve been in $AVXL since reverse spilt and the cost basis of my considerable core holding is negative from using every irrational move up for trading.