Mar. 7 at 4:39 AM
$ARBE
So you bought on the premise of "I read xyz saying to buy" without deep research.
I only ever hold 3 individual stocks on hand at any one time, each with a minimum hold of 2 years, with at least 100 hours of research before any minimum buy. The average hours of research for each stock I put in averages 500 hours - this is data point over the past 11 years.
At present, 2 of 3 stock have done very well especially with the US - Iran war and an FDA approved drug 2 years ago for advanced melanoma with a contuining 50% ORR for patients with at least 2 prior lines of treatment -this same treatment forms the core of a pilot test for soft tissue sarcoma with the same blockbuster results.
Despite the naysayers over the years, both stocks have massively appreciate because of strong financial validation and unique product moat, with sector and macro tailwinds support upward pressure.
I remain confident Arbe is in the right direction.
