Brand new member here and was wondering if I could get some advice on an investment that has gone sour. I recently invested in Nektar Therapeutics (NKTR) based on their past success and read about their trials a couple weeks ago that were released yesterday. If you have a position in them you obviously found out the hard way that those trials were less than promising as the stock tumbled about 40% yesterday. For you more experienced investors, what would be your advice on this position? Should I cut my losses or do you think that this is a hiccup in an otherwise promising company, and maybe even buy more shares since it’s trading at a discount? Any advice would be appreciated!
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