Even the best investor on earth makes unsuccessful investments. But it should be a priority to avoid stomach churning catastrophes, wherever possible. We wouldn’t blame ObsEva SA (NASDAQ:OBSV) shareholders if they were still in shock after the stock dropped like a lead balloon, down 85% in just one year. That’d be a striking reminder about the importance of diversification. We note that it has not been easy for shareholders over three years, either; the share price is down 68% in that time. Furthermore, it’s down 52% in about a quarter. That’s not much fun for holders.
We really feel for shareholders in this scenario. It’s a good reminder of the importance of diversification, and it’s worth keeping in mind there’s more to life than money, anyway.
With just US$16,000 worth of revenue in twelve months, we don’t think the market considers