Dec. 3, 2021
Introduction
I came cross this stock ARDX starting from July 2021. I noticed that there should be a chance to invest in short term, so I did quickly look into and got Seeking alpha subscription. I like to write down my lessons and how to be a good equity researcher.
My experience
Evaluate risk | Take more calculated risk | Invest $30,000 at price $1.11
If I choose to invest $30,000 US dollars in the morning of Dec. 2, 2021 at price of $1.11, then I may have chance to make 0.60 dollars for each share. I should take some risk, and put all factors together and take some risk. Downside risk is $1.11/ share to $0.86/ share before the news came out.
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