NTLA - Taking Positions in Beat Up Bio-Tech DisruptersBio-techs are more out of favor than Joe Biden's re-election bid. I like out of favor sectors, because you can go in and pick up some discounts. Sure these stocks can go lower, also they are speculative so they can go to zero, BUT the reward can be huge for those that don't mind taking the risk.
So going to add 25 shares of NTLA right here. Not a huge position, just under $600, and will add if we push lower.
Again these are speculative and I am looking at others I want to add into this weakness. Now here is the key!!!
YOU MUST BE PATIENT!!! These could take years to pay off if ever. This is money you don't mind losing period which is why I am not buying $6000 worth of NTLA.
However, as you can see from prior runs, when these get hot, they get hot so potential for a 4-5 bagger here, maybe more, keeping in mind the potential for it to go to zero.
Hope your week is going better than the head of the SS and good luck trading!