Ohh ohh da pain

[Duniyo]

ACHN tanked after FDA "comments". It's down over 50%, this is why I hate small cap biotech companies. Happy I am not holding it. Anyone on ACHN sinking boat?

[riverbabe]

ACHN tanked after FDA "comments". It's down over 50%, this is why I hate small cap biotech companies. Happy I am not holding it. Anyone on ACHN sinking boat?

Go to my thread Riverbabes Baby Biotechs and read all about them. I hate most of them because they are news and catalyst driven, as well as binary. Never ever hold thru a catalyst event! Sell on the run-up to the event

[Phoenix7]

Go to my thread Riverbabes Baby Biotechs and read all about them. I hate most of them because they are news and catalyst driven, as well as binary. Never ever hold thru a catalyst event! Sell on the run-up to the event

Very Cogent advice! Also setting a 15% stop may help.

[riverbabe]

Very Cogent advice! Also setting a 15% stop may help.

When the pps is falling rapidly off the cliff in a matter of fractions of minutes, believe me Stops of any kind are Useless!

[Duniyo]

Yep! Stops don't work in small cap biotech, in fact stop lost exasperates down