I sold everything today. which means tomorrow we shoot towards $2.75...most probably it was a stupid move but I do not want to be long tomorrow just to see the disappointing jobs number...lost a considerable amount of money but still very nice results for the year due to my ARNA trade...most probably will be on the sidelines for the rest of the summer or very small positions...this was a little stupid move but I have to move on...good luck to all.
Good luck Gab. Thanks for dropping by. This is not an easy horse to saddle.FWIW, I don't think the jobs number is going to make a lick of difference beyond the first few hours of trading.
Thanks aco, good luck with GFA. I am just a little scared holding this highly leveraged company in this macro environment. It might turn out to be great though even on a short term basis.I have some biotech candidates or I even might go back to ARNA before the June FDA meeting. I like quick results.