after adding and averaging down for about ten years today i finally sold 40 % of my holdings in one single day. (lost about 80% of my capital doing that)
I think that NEO and HOT have a chance. I think that ken is trying to redirect a sinking ship and yes eventually he may succeed but previous management has caused significant damage to the hull.
I think ken is trying to direct every resource from non revenue generating programs into "potentially" revenue generating program, we already have potential milestones with AMGN for NEO so ken is just trying to make that train move faster by redirecting resources to it. that has been a clear message from the time he spoke at the investor conference and from them putting out one PR to talk about BOTH EMA withdrawal and IND submission, this combined PR was intentional they are trying to show the new direction of the ship.
I need ADXS to reach 8 or 9 $ to break even with my current shares and erase my loss from what i sold today.
It is what it is
we ALL know wether longs, shorts or anything in between that only cash deal / revenue is what is going to turn this around.
If we don't have a deal soon (next 3 months or so) we will need another round of R/S , dilution.
we might wake up tomorrow with a deal announced, we might wake up with another 10 % decline with more funds and retail selling, we might wake up with an offering if they decide to raise money before stock price crashes even more.... as long as we do wake up i think the rest doesn't matter :)
Good luck people
By the way it actually felt good after selling, i kind of felt that this "cash" in the account now will not disappear tomorrow, go figure !
