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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Last time someone asked a question about this company was early January 2020 before COVID hit. You mentioned back then it was a company to watch out for on the ongoing trials, but to wait for the stock to settle down a bit. It's now just over a year, I wanted to know your opinion about it today. For a long term hold in a locked in RSP, is it something you would recommend today at these levels (let's say 1% position) and talk a bit about their financial situation. Thank you as always.
Read Answer Asked by Michael on February 02, 2021
Q: AXSM
I owned this stock 2k shares at $18. It rose extremely quickly and I sold my position at $48.
It is now over $100, some of the current recent reports I have been reading are amazing and it was just upgraded with a target price of $180.
It is currently $100. What do you think of AXSM, should I just leave it and post the gain or should I reenter again at 5X the price I bought less than a year ago?
Your opinion would be appreciated.

Thanks


Sheldon
Read Answer Asked by Sheldon on January 02, 2020
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