i lost about 15g when i got out at 165 weeks ago. That was enough. don't like to pick bottom on these things, figure more problems ahead, tons of lawsuits etc, it will get a lot uglier. Might go to 50 and then settle at 75? wh knows. Back to buying likes of Disney, nike etc...
but this stock is trying to hang in there again. Amazing. What a cult stock.
why buy this when those companies can do it themselves inhouse? one of the biggest selling point of an iphone is the camera and google tech is tops. And it isn't like GPRO has a better name than either of those two. There is nothing from GPRO that makes them attractive to a potential buyer.
In addition to AGN and VRX in large caps, I also have VRTX, BMRN and INCY in mid-caps. AGN and VRX run by guys who are active in this space and like their wheeling dealing to grow. Draw back is that they are a bit big so homeruns aren't going to happen. The market isn't doing so well now so I'm hoping that the bigger caps might be more steady and might have to wait awhile to speculate into smaller biotechs. Looking for ideas myself.