Please note that “below high” means below the 52 week high of the stock and has no reference to my own purchase price or returns. NKTR for example surged from $25/share to over $111 before settling back to $43 today. Hence the reason it is 62% lower than the high of $111. (I was lucky to buy in the $20-30 range (in thirds) and fortunate to sell about half my position in the $90 range and I’m going to hold only the remaining shares).
TWLO will be reporting earnings tomorrow after the market close. This will be the first of my eleven companies reporting this earnings season. The stock price has been rising sharply in recent days. The last earnings release in November was spectacular. The business fundamentals accelerated sharply that quarter. We will find out tomorrow afternoon if the business growth continues to be as strong.
