Elan Corporation, plc (ELN) Message Board

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Biotech / Medical : Elan Corporation, plc (ELN)

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To: quasi-geezer who wrote (1552)	2/6/2002 7:17:46 PM
From: Adelantado	Read Replies (1) of 10345

Unless you are perfect, you should expect to loose on trades as you try to win on trades. The way to gain is not to be always right, but be right more than you are wrong, so that you gain more than you loose. Lesson: The more you invest (ie, bet on the future price), the more you should be prepared to loose. Adelantado <<A few years back I had over a thousand shares of ISIP. My average in was I suppose around 16 to 15 or so. A clinic trial of one of their new anti-sense drugs bombed. It went down to 6 maybe lower. I waited a few days and it just tanked...even more, it seemed. I sold it all. Now I really lost. I have never been able to recapture that deal of a lifetime.>>

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