re: Weekly Stock Market Plays/Thoughts - Monday, March 6 2017

quote:

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I'm head over heels, but what am I gonna do with just $3k in profit? I've got goals.

What's the logical argument against this being the next huge pharma?

I know I sound irrational to many. I understand that. but my justification is that this is not my Roth, and I'm comfortably up being in at $4.00 flat (after averaging up).

I've never exuded enough patience in the past, and I'm not going to make that mistake again. I'm trying to stay with it until 2019 or buyout.

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I was just saying because it's good advice and your comment struck me as emotionally biased.

It's great that you are invested long-term, but just don't get upset when the stock falls because it will, eventually. The company is still in its R&D phase and not profitable. It's trading all on hype and potential right now.

The stock's news was great and triggered a short squeeze; I think the covering is over. The RSI is now high and I don't think the price is sustainable, but this is all just my opinion. Good luck to you.