The Baker Brothers are no fools. The biggest trading mistake if my life was selling 5000 shares on INCY @ 5 bucks a share in 2009. Those shares today would be worth 470,000 bucks. Number one rule is to follow the money. I quit daytrading as I was losing money. I now hold and am up 32% since 01/01/14. One million to the BB is a dime to you and me. I #$%$ on INCY and it will not happen again. The shorts can have fun with IDRA but the day will come. I did hold PCYC and make some nice profits. You never know. I could have bought OPK at 4.50 and it sits around 14 and change. Think long term. I have learned this lesson the hard way.
I own 700 shares of GILD which I bought @ 102.00. I have a sell at 103. This is the best/worst stock I have ever owned. I have made money but made much more off of PCYC which I had a chance 3 years ago to buy @ 9 bucks. Shoulda, Woulda,Coulda. This is a no growth stock with too many companies coming out with HEP. C drugs. The HIV drugs are years away. I only hope it hit 103 soon and I am gone.
GILD will continue to drop thanks to MM and Hedge funds. I owned 1000k shares and have lost 6k with is a small amount compared to bigger holders. The only this week that saved me was buying GMCR @ $111 after earnings. It is a shame that a coffee company can make me more that the best biotech in the world. Good luck longs.
I only own 500 shares but a $3500 dollar loss hurts. It seems this stock has a very bad omen behind it. I look for winners and I am stuck with a loser. To many companies in the same field as I work in the medical profession. There was no reason this baby did not pop. I am #$%$ off for not selling AH @ 108. I feel a bad moon arising.
I really do not know why I post here. A bunch of liars who bought low and sold high or bought puts or calls. This a worthless board and I will never venture here. Too many millionaires for me to deal with.
This board is a joke!!!!!!!!!!!!!!!!!!!!