$SEA LTD(SE)$Dunno how you can suddenly become my biggest loss on my portfolio. [Doubt] Holding, not selling because I believe it will bounceback. But not buying the dip anymore (I did previously) because there is no storage of other stocks to own. I’m starting to think SE’s business model is not sustainable for long. I may be wrong but let’s see.
Here’s why the $Merck(MRK)$Covid 19 pill WILLNOT make the $Novavax(NVAX)$Covid 19 vaccine irrelevant.Novavax was saved from the brink of bankruptcy by successfully formulating a non-mRNA Covid 19 vaccine with high efficacy. Its stock price was running high for the most part of 2020 - 2021. That was until the news of the Merck Covid 19 pill made headlines in Sep/ Oct 2021. While public confidence in Novavax started to waver months earlier due to the pharmaceutical company’s repeated delays in filing for emergency use authorisation (EUA) from the U.S. Food & Drug Administration (FDA) for its Covid 19 vaccine & the company’s stock price went through some wild fluctuations, there was no plunge
$Novavax(NVAX)$[Spurting] [Cry] [Spurting] [Cry] [Spurting] [Cry] [Spurting] [Cry] [Spurting] [Cry] Always knew you could lose money in stocks but always thought a stock won’t go close to zero aslong as you’re not buying some rubbish speculative stock. I guess I might have been wrong. Then again Novavax has proven to be a rubbish company time & time again. It was my bad for jumping on the Covid19 vax bandwagon, betting on the dark horse before doing my due research on it. Andmy bad for being greedy. My position was initiallyjust 190 & I was making profit trading it so I got greedier & averaged up even though it was getting out of my comfortable range. A few months ago someone in the Tiger
$Amazon.com(AMZN)$Geezus!!! [Spurting] [Spurting] [Spurting] I should have sold you on small loss! [Cry] [Cry] [Cry] Those who keep saying Amazon is a good stock don’t know what they are talking about! Many said it was undervalued & was breaking out so I FOMOed in. I failed to do my homework, especially since it’s FAAMG. Then it dipped and took weeksss to finally get close to breaking even for me then now it -10%. It’s not just cos I bought high, go look at the growth in the last month & last year. It’s not that great compared to most of the other FAAMG. It’s lethargic! And to think one stock is so expensive. To me it’s not worth the risk AT ALL! Can use the same amount to buy other cheap
$Adobe(ADBE)$Fake recovery last night & during pre-market today. Thought missed out on the dip for $AMD(AMD)$& $NVIDIA Corp(NVDA)$so when ADBE slipped tonight due to supposedly bad earnings thought why not average down on ADBE since don’t want to be buying AMD & NVDA at higher valuations. Also confident that ADBE can’t do too bad, will recover soon enough, but it’s not my priority as stock price growth has greatly reduced in recent years & one share is not cheap.Then right after I averaged down it went down even further. Meanwhile, AMD & NVDA went back down to before last night. Like what [Speechless]
$Novavax(NVAX)$I find that it’s climbing very slow these days. With both ID & PH having already approved it for emergency use & approval already filled for many countries, it should not still be hovering around the 170-190 range. A quarter ago, with no good news on the horizon, it was already trading around the 190-250 range with wild fluctuations every week or so. Was the damage from the Politico news & the Merck & Pfizer pills too much?