iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,419 Blog Posts

Going in $ONCE More

I shouldn’t be doing this, but I am nevertheless. I took an average down on ONCE here, at around $45. Ideally, I would double down here, reduce basis to $51, and sell upon a glorious upside reversal. However, I do not believe the selling is done yet. Who’s to say what this bastard stock has in store for me on Monday?

Because of my cowardice, I bought a 1/5th position here, with more than enough cash available to make it a full average down at some point in the not-so-distant future.

I am watching IBB, JUNO, KITE and CLDX are key barometers of risk in biotech now.

If you enjoy the content at iBankCoin, please follow us on Twitter

8 comments

  1. berniecornfeld

    I bot more earlier..and then felt stupid….now we are both stupid 😀 HAGWE

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. blahblahblah

    JUNO KITE CLDX haha *key barometers

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. gapfiller

    I like ONCE at this price, owing to what I am confident Dr. Fly would refer to as homosexual charts: http://tos.mx/onIl32

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. snoozemr

    I almost bought into ONCE today. I am going to wait and see if it goes closer to 40 on Monday – which I believe is the price its first public shares sold at. Instead I averaged down today on my ADRO position. I like both of these tickers – believe both were moonshot IPOs. But both may very well endure more pain. Nature of the beast.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. halfbloodpope

    How do you like $DPLO?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. alf44

    .

    $ONCE … TWICE … THREE times a lady !

    .

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  7. gatorsun

    I’m still a garbage man $wm 55 magnet

    • 0
    • 0
    • 0 Deem this to be "Fake News"