Hi all,
Regarding downside protection, Im looking at a stock split for liquidity reasons soon so I'm holding till solid news regarding trials comes out , work out forward earnings on that news and act accordingly.
I've traded a few from $26 level on all dips and looking at $40 level maybe ? seeing profit taking again before trials news.
If the news is received negatively then the chance of making even more money is possible :
buy more on the sell off hopefully at around $15 or $18? and hold for 2 to 5 years, let the earnings growth on current treatment type unfold. My initial price per share on initial treatment in 2 yrs : $24. In 5 yrs : $40-$50
That would actually be a better return for the Brave and the smart. IMHO.
Downside protection, page-10
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