Mar. 19 at 7:04 PM
$LRMR Word to the wise...at least don't be stupid. 😉
To anyone foolish enough to remain short overnight, I am truly trying to extend to you a heads-up gesture of kindness.
Want to take an intraday shot, trade LRMR from the short-side? Great...have at it, but don't be dumb enough to hold overnight.
How many shorts, who remained short QURE mid to late September, went to bed believing that they had "nailed the top"? Patting themselves on the back, thinking they were a hero b/c they got short @ 16, 17, 18...went to bed on 9/23 holding their open short position, only to awaken to QURE gapping up some 25 points and continuing its run another 35 bucks from there?
I have a cousin whose patience as an investor and accumulation b/w 8 &11 plus OTM options, in this remarkable remarkable biotech company, eventually paid off; literally made him wealthy overnight.
Regardless of the fact that the stock has subsequently tumbled, those dudes' accts were wiped out overnight b/c of 1 fundamental shift.
