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Tuesday, December 06, 2016 3:44:35 PM
I said all I had to say on it here now some more and in past 2 posts.
And note that I never said that there was no chance it wouldn't be up huge or whatever. I simply said odds of it returning to 4+ for you get your money back to even are very-very remote--- and that's totally realistic.
It might someday, but the odds are so extremely unlikely it ever gets to 4+. If it ever sees 4+, it will simply be pure lotto style gambler type luck as the odds are stacked against it.
You're lucky if it ever even sees 1-2. It will continue to dilute shares for years to come (and again in 2017) while it has only early stage programs in development that are many years away from any possibility of being approved & marketed, which along the way will take tons of money to fund, which will come at expense of the common shareholders with more dilution, even if they eventually get a big money partner involved).
You can keep rationalizing the chances of it being a blockbuster company someday all you want, but all you are doing is the same mistake that got you into the problem in the first place, which was buying huge amount of excessive $$$$ risk based on the hype then (initially back when you bought) & also you made the mistake of continually holding as it fell, hoping for a blockbuster' etc.
Hope & lottery ticket odds are never a good strategy to Invest or trade with.
Also never base majority of your strategy on what Investor Relations tells you or what a CEO may tell you. My experience is most of the time that info is unreliable and biased.
Speculative stocks are only for short term trading, not high $$$ investing long term.
Do yourself a favor and learn from your mistakes, so you don't do it again, rather than rationalizing to yourself with excessive unrealistic hope.
My straight blunt talk is for your own good. All is well intended for you.
Do what ever you want.
Best of luck,
3-D-T
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Longer term chart generally tells the story of what is most likely to come for trend long term .
...and that is very common for speculative biotechs like this that don't make any money and that are in development stage.
Nothing is ever 100% certain, but most likely the trend longer term is downward with a stock like this.
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