RE:New Job Feb 1stI'm with others who say don't invest it all in TLT Hank. The cancer field is forever progressing, innovating and subject to significant and unanticipated discoveries. I like TLT and have a lot of it but I'm definitely not married to it. I'm always on the lookout for "challengers", other companies with the potential to overtake TLT.
My suggestion is to buy a good solid base position - you decide - 50k shares, 100k. Then buy more as the stock heats up based on solid progress in the trials. You may not catch the "bottom" but it's much safer to buy a stock on the rise than one that is just languishing or heading down. Base position then look for upward movement based on solid news.