LogFAQs > #970111710

Dat_Cracka_Jax posted...

Is that going to be a long term hold?

For me, yes. Its a biotech penny stock and I think they have something promising in the pipeline. All signs have pointed in the right direction, so I've been ignoring the ups and downs in the stock price. They are only behind their target date because they began recruiting patients during covid, so non-covid patients were down across the board. Latest news is that they can recruit peds and adults, so its just a matter of time - but recruiting and gathering data for a study like this can take a long time, so I wouldn't be surprised if this spills over to '24, which is great cuz it'll fall into the long-term category for me.

But I guess its a fallacy to look at the stock going up as positive news if I'm not going to view stock going down as bad news. I guess its just a good feeling at least breaking even and now being up like 20%