Introduction
A recent debate on Stocktwits between two posters (let’s call them “Moon Guy” and “Funny Guy”) inspired me to write this article and reflect upon how to play BLRX in 2020 given that my small starter position I initiated back in 2019 is down about 60% and the stock has performed very poorly last year.
“Funny Guy” avoids companies with a track record of questionable management decisions, reverse splits and dilution after dilution, while “Moon Guy”, despite being down significantly, still believes the company will make a comeback in 2020/21 and therefore intends to