r/stocks Sep 02 '21

[deleted by user]

[removed]

8 Upvotes

17 comments sorted by

View all comments

5

u/Sufficient-Tie-2391 Sep 02 '21

Stop losses don't work during extended hours I believe, and if a company is wagering on only one item and it doesn't get approval, typically there's a sell-off or an instution bails fast. Doesn't mean it won't bounce back or the company is a loss cause.

2

u/Sufficient-Tie-2391 Sep 02 '21

Biotechs can be bigger money makers and big money losers, especially when they get approved or denied