its also amusing to see people lay blame on everything and everyone but them selves for making the investment decision in the first place, its PS fault, its Orbis fault, or its even TDAs fault etc etc
how about its YOUR own fault for investing into a sector that A) have no appreciation for the risks involved B) have no foresight for the complexities and C) have no tolerance for the volatility
THIS IS BIOTECH!
Frank that is quite possibly the rudest post on the ACL borads. How dare you presume to know anything about the knowlege, skills and tolerance of any poster here. You are perfectly welcome to disagree but that is just arrogance.
FWIW I am well over 50. Have been a biotech investor since the 90's. Have previously managed portfolios in the 100's of millions and held my nerve and in fact doubled down during the 87 crash, the Asian crisis, Dot Com bust, the GFC and the Euro scare. Please dont lecture me on risk tolernace.
ACL Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held