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Re: ubmmg post# 96614

Tuesday, 04/02/2019 10:40:57 AM

Tuesday, April 02, 2019 10:40:57 AM

Post# of 108192
So, Raja, how do you envision doing that? Day trading this stock? Shorting it? Any other way? You'd need to make up to 40X return on this to break even if I recall correctly. Is it even realistic


I have already started that process and made 2K; It is a long road and I have to recover close to 90K. Planning on using a combo of techniques - long, short, calls, puts, day trade etc. I am not sure I will recover all of my investment. But even 50% recovery is fine with me.

Waiting for the dilution offer. Planning on using option strategies - long long time back had uploaded a excel file here with all the different strategies for various situations - was like a tutorial. Hands were tied all these years (especially the last 3 as I was holding on to the stock and hoping for that rebound which never happened).

I really do not care about these guys finding a cure; if they cannot other companies will. If they do then so be it. Sincerely, feel that this is the last chance to recover/make money. Next time it is is going to be wipe out and that is why I am thinking this dilution will be big and brash. Accordingly may have 2 years or less to pull of a great escape. Not banking on making huge chunks of money at a time; rather many small hits followed by a decent one or a big hit. As they say, little drops of water, little grains of sand...

Also, it is about time to post less and claw back my lost investment.

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