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Ocala Mike
09-15-2016, 08:51 PM
Lost my balls today on NVAX, a speculative vaccine company. Stock tanked 84% when clinical trials didn't pan out (this after all reports said there was a 95% certainty that they were going to get approval).

Nothing to do now but finish this bottle of wine and remind myself to stick to horses!

lamboguy
09-15-2016, 08:56 PM
Lost my balls today on NVAX, a speculative vaccine company. Stock tanked 84% when clinical trials didn't pan out (this after all reports said there was a 95% certainty that they were going to get approval).

Nothing to do now but finish this bottle of wine and remind myself to stick to horses!i feel your pain. i hope you get it all back in spades with MUX in about 7 months.

Ocala Mike
09-15-2016, 10:21 PM
What's MUX? Anyway, no cash now to play around with - I got my ass whupped, and I gotta let it heal.

Ocala Mike
09-15-2016, 10:26 PM
Looked it up - don't like the chart. Triple head and shoulders tops.

But then, what do I know, I'm a horseplayer, and I loved the chart on NVAX!

PaceAdvantage
09-18-2016, 04:36 PM
I feel your pain. That's why I left individual stocks long ago and now only trade index futures and index options. (ES and RUT).

Not that you can't lose a ton during one of those "flash crashes" :lol:

classhandicapper
10-04-2016, 08:47 PM
Buying puts and selling naked calls against the S&P500 in 1999. I was too soon by a year.

Ocala Mike
10-09-2016, 06:53 PM
i feel your pain. i hope you get it all back in spades with MUX in about 7 months.

$4.80 in August, then looks to have bottomed at $3.00 the other day. Might step in at $3.20.