Humanigen Inc (HGENQ)

[Gustyhu]

Jay, no we don't disagree on trading yesterday, the vast majority of daytraders on this stock sold hi and bought low on the same day..How many times can that happen? A lot when ya do it for 50 cents at a time..
Unless you believe tutes and insiders sold, there are only about 15 million shares left, so yea, it was short sellers daytrading.
I don't even think in terms of long or short when i refer to daytrading.
Add to that shorts that used the fear of great news and the stock going down and there ya go. I just don't feel enough actual holders of this company really had much effect.
I was buying heavy last week in the drop. Didn't buy or sell yesterday, that's not what i do.
I stated here I would buy on the shakeouts I was certain would happen going into release of phase 3 trial. Not hard to figure with short position as it was. Plus most trails fail, so they play the numbers.
Now I'm just a holder, and from what i see so far it's working out how I like it, for at least a year, hopefully more...
Of course if we get bought I'll just have to pay the taxes, but nearly half my position is over a year now, and also a bunch in my retirement account so I won't whine much....LOL