Quote:
Originally Posted by shawnly1000
Sounds like you've been too emotionally/personally invested into this ticker and/or reading Yahoo Message Boards |
I wouldn't go so far as to say emotionally invested, I'm totally aware of the risks, the science, the nature of small cap biotech companies, etc.
It's strictly a matter of risk management, and at this point in my life, I am willing and able to accept the potential downside of "risky" decisions.
If you would have listened to the ADCOM you would understand the level of frustration amongst many of the investors, some of the panel members had no idea what was going on (Some couldn't even remember the correct name of the study itself or the endpoints), the ones that did believed the actual voting question should have been changed, IMO anyway. I'm actually amazed it got 2 positive votes.
I personally have no interest in buying blue chip dividend paying stocks that will take 1000 years to make me rich, 70k setback (assuming there is no recovery in the future) sets me back about 6 months financially, so meh.
This thread is no better than stocktwits or the lot, at least I am 100% transparent about my gains/losses by posting my position on the regular. I often wonder how some of the others fair in this thread.
Now that I sound all defensive, here's a fun fact, my TFSA went from being over 45k at one point, to it's current 8K lol.