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Strategies & Market Trends : Ted Warren's Investolator

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To: Investolator2024 who wrote (1528)5/22/2024 8:05:26 PM
From: WEagle1 Recommendation

Recommended By
robert b furman

   of 1795
 
I think I would have probably sold after VKTX topped at 20 and retreated to 15. That would have a really nice percentage move. Boy would I have missed out.

I admit that I had a 200+% move on ASRT at one time and didn't sell. I am now sitting with a 58% loss. If you know who Breeze is on Don Wolunchuk's SI forum then you will know that he is one of the nations best at Elliott Wave counts. I had him work up a count on ASRT at the time that I had that big gain. His work indicated that ASRT should go a lot higher. However, ASRT is a pharmaceutical and it had developed a drug that everyone was expecting to be the next big thing. But the drug did not get approval and the stock fell like a rock. That is why I usually pass on the pharmaceuticals.

WEagle
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