Sold 800 shares at 273...........and bought ibb etf.
I feel that it is a much safer way to be Biotech exposed.
Just a idea..........ibb ..........takes away the ONE stock exposure in this very dangerous field.
Just my two cents worth.
I am in a similar boat as yours........because of FB I am down 5k for the week.
EVEN though I made 11K .....day trading for the same week.
I have been selling calls against it for about three weeks...and have picked a further 6k.BUT because of my 4k share position it is still kicking my #$%$.(Bought at 58).
I don't know weather to sell calls going into earning or stay flat.
What you think?
I thinks you bees right...he has been very VOCAL today.
that Princeton article has #$%$ him off.
I say they will book all they can and guide upppppppppppp.