Gabriel Kaplan's avatar
$45.7m follower assets
They say cut your losses early. In my client accounts, I have closed out of $BMY $MTBC $CGNT (at a loss).

BMY - I had the position for over 3 years and I still didn't make money.

MTBC - My thesis was wrong after I did more research

CGNT - The market proved me wrong. You have to draw the line at some point.

I also sold the vast majority of my $ONDS but for a nice profit.

Today, I sold 40 $PYPL puts with a variety of strike prices
Nathan Worden's avatar
Love the quick commentary. Agree with the $BMY sell- lots of complexity there, it’s tough to have a really good pulse on that business unless you have a heavy bio background.



Already have an account? Log in