QUESTION from our Member Prasan:
Sanjoy, what do you think of BRLC , IMMU and HBIO ?
ANSWER:
Hi Prasan,
Here is what I interpret. Your interpretation may vary. Please feel free to comment and give feedback.
The most important thing is not whether you/me are correct but whether you have adequate risk control in place.
If based on your convictions, you place a buy order, have a stop loss sell order also so that if the stock moves against you, you are out with minimum losses.