well, it comes down to sizing. these pre-revenue biotechs are small relative to my other holdings, so i've sized them correctly. But in terms of missing the point - just so that i'm clear, you're saying that RNXT will tank before their 60% readout in 4 months?
Tell you what. Let's check back in 3 months - beginning of November. Let's see:
1. What the price of NVDA is relative to 128.6, where i went short.
2. If RNXT is still in business.
If either NVDA is higher, or RNXT has tanked, I will delete all of my accounts and never post again. But, if NVDA is down and RNXT is still kicking, you have to do the same. Up for the wager?