One lesson I have learned - you can sometimes make good decisions, but if you want to increase the frequency of good decisions against bad decisions with any particular security one must drastically increase the frequency in which they watch/study that security.

I have been watching CTIX religiously for 3 years now and it has only been recently that I have gained some confidence in directions the stock price is going to take and when.  I've also gained quite a bit more confidence in the fact that CTIX is a rare positive in a sea of negative biotech securities.  95% all in, 5% in or temporarily out, sure as hell 0% short.