this thing has had some big percentage swings but is ultimately still down trending. they have reverse split this stock in an effort to keep it on the nasdaq but it looks like it may be game over for jagx :( the last bullish algo swing may be around .01 cent for one last hail mary but the bears are in full control and if it gets delisted that may be it for this one. a short position is offering a much better Risk Reward set up at the moment
@evelinaele not sure if you were in a long or short position but i hope it helped
evelinaele
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@rigorocks, long position . That's it. I have to accept the loss. Thanks for everything.
evelinaele
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@rigorocks, When I look at the Jaguar Health: Jaguar Health Major Shareholders & Ownership I ask myself questions... There are some big names out there who own this stock. That's what kept me holding them.
christianschneevoigt
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So many stocks bankrupty, corona setup, gosh many have lost money on ghots stocks. I will never buy me into “casino” stocks again
rigorocks
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@christianschneevoigt its ok to take losses. asset management and position size is something that has been mastered by all successful traders. i have placed many reasonable sized trades in small cap stocks some are losers and others have been big hits. you just have to be careful with entry and exit points and you will do well. for example. you have 10 total trades. out of the 10 you take 5 losers at 5% each. the other 5 gained you 10% each. at the end of the day your still net positive and you were wrong half of the time.
christianschneevoigt
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@rigorocks not when they fall 25% premarket. I will never invest in micro cap. Casino stocks all the way. Novan bankrupty, zsan bankrupty, amrs bankrupty. And you can be technial on micro stocks when the ceo’s is not on the investors side