FDA Calendar

Monday, June 8, 2015

Sold $POZN - bye bye #teampozen

Sometimes it can pay off to be patient in the stock market.  I bought POZN November of 2014, joining #teampozen, the twitter traders who bought and sold POZN over the past 12-18 months.  I watched it go all the way to 7's before coming back up and then back down to 6's before the new CEO was announced.  Then today on the merger and financing news, I sold at 9.53 for a modest gain.  To be honest I was hoping I could break even once some news related to YOSPRALA was released, but I did not have to wait that long.


So what value lesson did I learn?  --- I should have sold back in December when it hit 9.50.  Go #teampozen



Visit StockCharts.com to see more great charts.

No comments:

Post a Comment