Slick, I’ve not sold many at all. As usual when a penny dreadful takes off many small loyal holders drop off at .06. And then at higher levels .10 and .29 and .49. After years of watching this phenomenon. Then listening to them whinge how they sold out just before it took off, I’ve decided to break with tradition.
Knowing how Biotechs run on announcements, I’m going with my right brain here. This year statistically speaking is loaded with announcements. If I had sold at .60, my tax bill would have dropped my holdings to .36 anyway. So I’m now on wood.
My expectation is that Zior will pop his head in soon with an updated chart that tells us we are now about to start on a new 5 leg up trend. That this pullback has set us up for a clear run north.
This down run has probably rolled < 8% off the register, if we take day trades out. So I’m waiting a little longer.
And old Chinese man once taught me to have a game plan and pricing strategy before starting out on any deal. It’s proven to be good advice .
So I still have my sell targets in place and they haven’t been triggered yet.
All the best to anyone who has sold after a life changing run from .01 to .63.
IMU Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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