Sorrento Therapeutics Inc (SRNE)

[Alyssa]

I really don't think so. SRNE is vulnerable to violent moves because there are only 85 million shares in the float and almost one-quarter of those are shorted. I bought when the price was even crazier at $2.05 and that was in February and in December I paid $2.00. Needless to say things are very green for me and while it's tempting to take some profits, I have decided to just hold and keep adding when I can.

I suspect there may be some profit-taking and those other things I mentioned that are creating havoc with the share price.

It's very violent but not scaring me because I know what I own and SRNE is still way undervalued. There is NO reason for this drop so trying to figure out why could turn anyone into a psycho. Good luck!

:)