That is a rough circumstance and for a first and last time bio investor Lock. I get that it is too scary to buy huge amounts at .14 and then one chases it up when it’s rising. I learned those lessons many years ago. But I get the challenges. Also buying at Phase I/II or even early Phase III poses challenges. One should also have a portfolio, so that one can take losses on those $10 shares against gains in another stock and then reallocate with lower costs, reducing taxes on gains and growing holdings at much cheaper prices. But it takes experience to learn these things and not everyone has had the time or interest to do these things.
I believe you will yet be rewarded, but I get the challenge. One can even lose on a great investment unfortunately. The markets are very tricky. My average price is in the low .20s. So it is easier to sit it out. I had bought some in the .70s and .50s, very small drabs. And when I had other stocks that were really doing well, I sold those buys and took those as losses against larger gains in other shares and then waited the requisite period and bought many times more shares in the .14-.19 range to hold in anticipation of ultimate gains.
But it took some experience to understand, organize my portfolio for those kinds of opportunities and be willing to do that when the time came to do it. I know a lot of people think you buy just one stock. But it really limits choices and opportunities, and concentrated risk. It can concentrate rewards, but not when one’s average price is too high and cause one to worry more than one should.
I can only say that I believe that hanging in there, at least for me, will be rewarding and I do believe that the price should be much higher than .94 when the market understands DCVax to have been validated, and that might happen, perhaps, at any time. We can’t know for sure, but that is what I believe.
So while I don’t like to give advice if any sort, and this is all IMHO, I wish you success and I believe we will all see success soon. We just don’t know the date, but we are closer than we have been in years. For real.
Wishing you all the best!!
