That is true. I agree with your assessment at the present time. There basically are only 5 things someone can do with this stock...Buy, Sell, Short, Hold or wait to see what happens before deceiding what to do.
Shorting at this level is not only stupid IMO it can ruin you...(Little downside huge upside)therefore not a wise option at this level. But as a long,I hope many people do.
Selling is actually dumber. If you bought the stock prior to today why would you sell at this level unless you don't put any credence in Dr. Mullen, Dr Chapman and all the Roskamp people. But again as a long I hope you do because as I scrape up money I will buy your shares.
Hold...Ok it may go up and you'll be happy. If you sell now and a major positive piece of news hits...you'll get sick. If it keeps going down you are only adding to existing losses.
Waiting...Well you my get it very slightly cheaper or you may miss the boat. Not a good move IMO.
Which brings us to buying more. If you believe in the compound and have faith in Mullen,et al...go for it.
So I say at this sick price, if you follow this stock the only options that make sense are to buy more or hold your present position, or if you're short its time to cover. Selling the stock, shorting the stock or waiting for a better price, at present, are not good moves in my opinion. What's that old wall street saying..."Buy low sell high" oh yeah and the other one is "buy when there's blood in the street"
Thank you for pointing out that the PPS is sick. You have confirmed my belief that holding or buying now are great moves. Mullen didn't take this job because him and 50 scientists believe the compound doesn't work. He wants to own the 6 million shares he is getting because he believes that the PPS is going to go up.
