🩺 $Hoth Therapeutics(HOTH.US)

I opened a position in HOTH yesterday at 0.81, and it’s currently trading below my entry.

What caught my attention was the recent update around its HT-VA program and the longer-term potential behind the story. At the same time, this is also a reminder of how volatile small-cap biotech stocks can be, even when there is a catalyst in play.

For me, this trade is about balancing conviction with patience. I’m still optimistic about the longer-term picture, but I know names like this can move sharply in the short term and test your patience very quickly. 😂

For now, I’m holding, watching how it develops, and reminding myself not to judge the trade too quickly based on one red day.