I can't take the pain anymore. Can't sleep can't think straight. Kicking myself for not selling in the 8's. keeps drifting lower. Maybe I'll buy back when it drifts down to below 5. I still made a profit. I feel already.
Biotech is not for everyone, it's very difficult to watch a stock like this.
But it is never boring, I own some GLW and it's like watching paint dry.
I believe in MNKD, my portfolio says so. Just bought another 500 in my SEP,
if this goes lower, I buy more. We will get a partnership pop, but the real money
will come a year after approval. I do feel for you though, it would be nice to take
a "forget MNKD pill", but the future is bright. Stocks like this don't come along to
often, and I'm not missing out this time. Good luck
Sentiment: Strong Buy
Aaaaacchhh GLW. I bought and sold that stock a half dozen times. Love the company but the stock? Not so much. Finally gave it up a few years back, bought GE at $7 instead (Mach 2009) - a little over $24 today. That I can live with.
that's funny you mention GLW. I have been watching that stock for a while. it seems to be trading pretty flat at what I've calculated to be substantially undervalued. I'm not sure why that stock hasn't hit $18-20 yet this year.
You are likely correct, annieg007. It would not be unusual for an anguished retail investor to sell and then post about his sleeplessness, anguish, and load off his shoulders. However it is unusual for that same retail investor even to stay on this board that day to write in quick succession follow up posts to others who write notes of comfort. I had a very sizable gtc order in at 5.55 for quite sometime. It finally filled about 45 minutes ago. I had a light position before the August data, but I am very glad to see lower prices. I have a moderate position now, and I hope to see some lower prices to get into an overweight position. Retail investors may not want to read this, but bashers and veiled short won't bother me even at 3.80 ish prices -- if they ever get there again.
No I'm not short just your average retail investor although now my mindset is in that direction. I need the money right now for a particular reason which I won't get into. I hate to say it but now I do want investors to sell now so I can get back in the 4's or even the 3's. Who knows or back to where I originally bought. I srongly feel it could happen. I like this company and had high hopes but sometimes you have to make some uncomfortable decisions.
Emotions are everybody's Achilles heel. They know that. They prey on that. Turn that switch off. What does your mind tell you about where this business is going?
Or, are you the short gamer that's trying to stir emotions?
Sentiment: Strong Buy
What you say is true. I bought in the 2's so more than doubled my investment. I feel like a huge weight has been lifted. I'm pretty sure with the gov't shutdown and the market the way it is fda approval will be a long ways off. In the meantime it will drift lower. These are the facts. I wish I would acted sooner.