I sold a few days before the 10% downward move and then bought In The Money Call options. Still believe the EU and FDA will approve and there will be more good news, but wanted to control more shares with less. Worst that happens is I lose the premium for buying it in the money.
Yep, I was sickened yesterday at the rediculous sell off, but I did hold on, and now I feel much better.
Also on your rediculous racket comment- that is being too nice. Jefferies downgrades it then Cramer and now SEVERAL upgrades were given to it this morning. I really feel good news will come out of these conferences next week. I think that is alot of the reason for the upgrades, basically because the downgrades should NOT have happened.
It is 12:25 just after the ding dong Present spoke and he KILLED the run up in the market.
What a dumb #$%$..
At least we are holding .