Sangamo Biosciences Inc (SGMO)

[trendzone]

If you really had that many shares and are more of a trader, then it makes sense to take some off the table, probably at least half, most investors probably would want to hold some shares, it's very difficult to trade large size without having very short term targets, especially in the current market conditions,and why it's not a very good idea for most to do it, unless they have really deep pockets, sure make some really nice profits in the short term,but run the risk of missing out on a much bigger outcome in the near future, spooked by the news, well Genentech and Pfizer don't seemed to be spooked in the slightest bit, both really big company's doing deals with a penny stock company,if they didn't believe in the their genomic therapies they developed,they wouldn't give them the time of day, and don't seem spooked at all, I used to be a much bigger size day trader years ago, and worked at two different day trading firms back over twenty years ago, and also at home and had traded lots of over 100,000 shares at a time and did really well with it seven out of ten trades on average, but there were more then just a few I wish I never just traded them,one of them I had 8,000 shares at $12.00 sold out at $55.00,did great on it,but eight months later it was over $300.00 a share,and l think it got close to $500,00, I made many thousands on just that one,but in the longer run,less than a year,gave up many millions,you just never know witch one will be the one,but this one comes across of having much better potential than being just a penny stock, being held down by a bunch of corrupt short hedge funds.