Regrets this month included a day trade I knew better than to try and enter, and selling ACB one day to early to rotate into GRWG. Which on it’s face doesn’t look bad, but ACB popped the follow morning, and had I held it, I could have potentially sold for up to a 300% gain. DOH! Anyway, moving on. You can’t have FOMO in this business.
Positives this month are that I was able to cut my losses quicker and starting to hold my winners longer. Although there are still one or two lingering holds in my portfolio from a few months back when I still hadn’t learned my lesson, but I am riding them out for now.
My speculative $RLFTF play is still in my portfolio – it is strictly a covid play. I am awaiting news on it’s stage III trials, and for it to get emergency use authorization (EUA) from the FDA. I did my own research and looked over the FDA website, and the drug sounds very promising. I may not mess around with penny stocks after this, but I think this has potential, even a pop up to the 3-5 dollar range and I would be extremely happy. I’ll keep you posted. Concerns…it’s a drug, and could fail, despite success thus far. Also, it has a huge float. That’s a bit concerning. However, the company in recent weeks has added to it’s management team, setup a distribution pipeline, been approved for stage III trials, and gotten a new fancy website. They seem to be setting up for something big in the coming weeks/months. I’ll keep everyone posted.
Biggest Gaining Trades (%)
$TPR (bought in a 2nd time): +14.49%
Biggest Losing Trades (%)
I haven’t calculated my gains, but needless to say I am up. I do own some BTC and I will be buying into it weekly as a very long term hold.
Long terms holds: $TSLA, $NOBL
Short term holds: $PLUG
Speculative play: $RLFTF – my first venture into penny stocks. We’ll see how this goes.
Always do your own investment research. My website is not meant to be investment advice. It’s just a way for me to track and keep accountable as well as to share my knowledge and experience.