Another good post!
JWR from YMB:
"My ramble of the day for what it's worth...
It's so easy to get sucked into the price action...up a few cents. Down a few cents more. Then all the rhetoric about bankruptcy, et all. The rapid pace postings from our favorites about the failure of NP, failure of the company, Covid is over, etc. etc. Raids imminent, etc. And the frustration of looking at my stock statement and seeing significant red. But it dawned on me that I am LONG on CYDY because of leronlimab as many smart people have said. I still strongly believe leronlimab is a gamechanger and will have an impact on everyone's lives. I am NOT a daytrader or swing trader. Been there...never again. I'm essentially an institutional holder...in for the long game.
And from a long perspective, the only decision is to buy, hold or sell. I'm already highly invested so buying isn't much of an option. I'm not selling as I think leronlimab will be successful and it's time is coming due after many bumps. So I am holding because unrealized losses are just that...unrealized...and we've seen this stock make huge swings. I believe the future is brighter and there is significant opportunity for SP appreciation.
The principle of sunk cost applies. Your paper losses (or winnings) do not have a bearing on your decision. Only the money that the stock is currently worth. Is your view of the company such that your risk profile says sell to keep the money or risk it going lower or hold (and possibly buy more) because of your view of the opportunity? And whatever you decide is fine.
Now, a LOT of people on this board really, really, really want you to sell. They are committed - I give them that. Not a single one has acknowledged any positive news and would downplay even a EUA. I honestly don't know if there is a massive machinery behind this, they want cheap shares, or are shorting the stock. But they are persistent and constant. I guarantee NONE of them are posting in your interest or the public interest.
I don't say the same for the LONGS...because of the nature of leronlimab. It saves lives and improves the quality of lives. Many posters here get behind that and are powered by doing good in addition by doing good financially. I don't see how BASHERS are doing good but that's a philosophical discussion that goes beyond rambling.
Take heed that no man (or woman) deceive you."
JWR from YMB:
"My ramble of the day for what it's worth...
It's so easy to get sucked into the price action...up a few cents. Down a few cents more. Then all the rhetoric about bankruptcy, et all. The rapid pace postings from our favorites about the failure of NP, failure of the company, Covid is over, etc. etc. Raids imminent, etc. And the frustration of looking at my stock statement and seeing significant red. But it dawned on me that I am LONG on CYDY because of leronlimab as many smart people have said. I still strongly believe leronlimab is a gamechanger and will have an impact on everyone's lives. I am NOT a daytrader or swing trader. Been there...never again. I'm essentially an institutional holder...in for the long game.
And from a long perspective, the only decision is to buy, hold or sell. I'm already highly invested so buying isn't much of an option. I'm not selling as I think leronlimab will be successful and it's time is coming due after many bumps. So I am holding because unrealized losses are just that...unrealized...and we've seen this stock make huge swings. I believe the future is brighter and there is significant opportunity for SP appreciation.
The principle of sunk cost applies. Your paper losses (or winnings) do not have a bearing on your decision. Only the money that the stock is currently worth. Is your view of the company such that your risk profile says sell to keep the money or risk it going lower or hold (and possibly buy more) because of your view of the opportunity? And whatever you decide is fine.
Now, a LOT of people on this board really, really, really want you to sell. They are committed - I give them that. Not a single one has acknowledged any positive news and would downplay even a EUA. I honestly don't know if there is a massive machinery behind this, they want cheap shares, or are shorting the stock. But they are persistent and constant. I guarantee NONE of them are posting in your interest or the public interest.
I don't say the same for the LONGS...because of the nature of leronlimab. It saves lives and improves the quality of lives. Many posters here get behind that and are powered by doing good in addition by doing good financially. I don't see how BASHERS are doing good but that's a philosophical discussion that goes beyond rambling.
Take heed that no man (or woman) deceive you."
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