It was just back on September 27 I was writing about the repairs I had entered on my trades in Bristol-Myers Squibb Stock and today the stock is collapsing as Merck has announced positive trial results for a competing lunch-cancer treatment drug. This has investors bailing on Bristol-Myers Squibb Stock once again.
Remembering The Key Aspects Of A Collapse
When a stock that I am trading collapses and leaves me with potential losses I know that there are two key aspects of recovery to focus on.
1) Keep the capital invested producing income
2) Reduce the risk of further loss to the invested capital
I entered several trades today in Bristol-Myers Squibb Stock due to a second collapse in the stock ……..the rest of this repair strategy article is for FullyInformed Members.
Bristol-Myers Squibb Stock Trade Alert As Repair Continues – Oct 10 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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