Seneca Biopharma Inc fka SNCA

[Citrati]

I haven't looked at financials recently, but this is typical of what happens when a no news period comes on top of a hit piece decline and then a slow leak. This is normal behavior when the shorts who instigated the hit piece still have control. It is evidence why falling in love with an emerging bio can turn into a falling knife. They love slow news OTC's. It is their bread and butter.
Even without understanding much about TA it has been on a 2 year down trend. Holding was a choice.
Most should have heard the stock investment mantra: cut losers short and let winners run. There is a reason for that.
I truly wish everyone well. Buying without an exit strategy for both profits and losses is a recipe for disaster.. Every time I fight the law, the law wins. No more fighting the law for me.
Timing makes all the difference whether a rocket or a dud.
Sorry for your losses and anyone else here. Everyone earns their PHD in trading/investing and the tuition is costly. Failing too many courses can also force one out of the institute of learning.
It is simply not enough to have the best mouse trap.
Other than spikes to sell in to, the only way out is company and science progression. It usually takes much more money to trade out of a losing position than the original purchase. A 50% loss requires a 100% gain, 75% loss needs a 4X gain. Not easy to do.
Best wishes for Green

My opinion. Not meant for any purpose other than some learning for the future from a bad situation now.