It’s been a busy morning blocking accounts on the BCRX board. That board is hopeless. Toxic. Those guys deserve what’s happening to their accounts.
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@Mbsstktwits Thank you. But here’s my take. News and projections are not good or bad. They’re just assessments of where a stock is moving to. It only becomes good news or bad news when you realize which side of the trade you’re on. If you’re short it was good news. If you’re long it was bad news. The real problem is when you pick a side before you understand what’s going on with the shares and then suddenly find yourself on the wrong side of the trade. The solution is to simply switch sides. The mistake is to maintain your losing position.
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