Humanigen Inc (HGENQ)

[Newtg]

Jay, isn't it possible that sellers and shorts could have exacted the same amount of carnage, regardless? What downside event or announcement has occurred in the last 2 trading days that would have discouraged sellers? We could be at roughly the same price, without HGEN getting their coffers filled with the offering proceeds. The offering reminds me alot of medicine, diet, exercise and discipline. They are all uncomfortable at that moment, but are all eventually beneficial and appreciated. I agree margin buyers are hurting. That's a risk they take. Longs who didn't take some money off the table in the mid- to high-20s made a mistake in my opinion. I sold 15% at $26.50. It has been re-deployed at $24, $20, $19.50, $19.25, $19.00, $18.90, $18.50, $18.30. I have since bought back those 1000 or so shares, with cash left over for additional buys. Anybody who has watched HGEN should know it can't keep a high. Nor should it until an EUA announcement and some revenues. I want a big win here, like the rest of us. However, I've also got sick of watching traders and shorts make money at the expense and risk of us buy-and-hold longs. Nothing is announced during the trading day, so I think there is time daily to get in and out of a trade, IMO. Not my comfort zone, but I have started trading conservatively just to keep some sanity. GLTA.