My biggest mistakes of the year
So it’s not all green. I’m definitely green for the year and I hope to end the year in that streak but I did have some losses because of sheer personal mistakes and refusal to cut losses and move on
$Globus Maritime(GLBS.US$ I sold for a loss. i refused to accept shipping ain’t coming back. But finally dumped it before reverse split
$Miragen Therapeutics Inc$ This I haven’t sold yet and this is downside to pharma and biotech - a small bad news from FDA or even mediocre data.... it hammers. i am holding the bag and not capitulating yet
$InVivo Therapeutics Holdings Corp$ I sold for a loss when they dropped to 1.3 and it was a damn good decision. However, they are trading at 50 cents and I might swing it
$Precipio(PRPO.US$ caught it over 3 and i dont thibk i want to average down yet. its red
$Banco Santander(SAN.US$ and $Barclays(BCS.US$ My biggest fucking bags are in financials. They have been hammered by covid19 and world econ and i don’t think we will see pre-covid levels for another 2 years. I’m being honest. Santander might go under. My average for Barclays is 8. All these are so called best banks with top notch tier 1 capital ratio. go figure. i need to check, i think i dumped barclays for a loss. but i do have 2021 calls that i am worried about. this is fucking barclays - the emblem of british financial strength
also red on $ING Groep(ING.US$ and $Banco Bilbao Vizcaya Argentaria(BBVA.US$ and $Lloyds Banking(LYG.US$
My financials portfolio has been wrecked. I am really afraid one of these banks will become insolvent, default and trigger a banking collapse - unless coronavirus is contained. But cases are rising. And Santander is in very very very very very BAD shape. Google and read about it. The banks problems are rising every month
$Globus Maritime(GLBS.US$ I sold for a loss. i refused to accept shipping ain’t coming back. But finally dumped it before reverse split
$Miragen Therapeutics Inc$ This I haven’t sold yet and this is downside to pharma and biotech - a small bad news from FDA or even mediocre data.... it hammers. i am holding the bag and not capitulating yet
$InVivo Therapeutics Holdings Corp$ I sold for a loss when they dropped to 1.3 and it was a damn good decision. However, they are trading at 50 cents and I might swing it
$Precipio(PRPO.US$ caught it over 3 and i dont thibk i want to average down yet. its red
$Banco Santander(SAN.US$ and $Barclays(BCS.US$ My biggest fucking bags are in financials. They have been hammered by covid19 and world econ and i don’t think we will see pre-covid levels for another 2 years. I’m being honest. Santander might go under. My average for Barclays is 8. All these are so called best banks with top notch tier 1 capital ratio. go figure. i need to check, i think i dumped barclays for a loss. but i do have 2021 calls that i am worried about. this is fucking barclays - the emblem of british financial strength
also red on $ING Groep(ING.US$ and $Banco Bilbao Vizcaya Argentaria(BBVA.US$ and $Lloyds Banking(LYG.US$
My financials portfolio has been wrecked. I am really afraid one of these banks will become insolvent, default and trigger a banking collapse - unless coronavirus is contained. But cases are rising. And Santander is in very very very very very BAD shape. Google and read about it. The banks problems are rising every month
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PREMOSULTRAA : Nice recap! Same at $InVivo Therapeutics Holdings Corp ()$ , cut loss and move to others. Why do you want to swing it?
Kittykiki : Actually, I had the same situation this year, with the financial issue totally a mess. But it will be better! We shall hope and see. Wish you can have more profit to take your children to Disney!
curtaincall : $Barclays (BCS.US)$ earnings was good. Btw, you are not alone. Millions of people descend into financial crisis due to coronavirus, I am hoping the government will take some serious actions to contain it.
HODL LLC : Robin!?
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Kenkkk : Thanks for sharing! Wish you all the best and gain back in the rest months.
Saudaded : Bought #Luckin coffee instead of #Nio, it was 5, then bought Nio at 7 with 70 shares, sold it a month later... I could have done it with 250 shares or more. Nio is now at 26...
legendary21 : mgen.... not a fan of the companys progression. very familiar with this one
Spartakus : already big dawg
Lexs_World : I'm in on $Banco Santander (SAN.US)$ but i look at it like Peter lynch said paraphrased, "more money is lost trying to avoid losses than would actually be lost". I purchased the shares when i believed they were a good price and all i can do now is hurt the situation by freaking out. im already in so hoping out of a sinking ship into the water doesn't make sense. if it regains buoyancy great. if not then hoping out wouldn't have saved me either. i would've been too scared to part with my money and would reenter the market at a much higher premium than when i sold. like peyer lynch also said paraphrased, "if u can't ride the waves u have no business being an investor"
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