<for those simple shareholders who aren't able to time their trades so well, we are left thinking/hoping that the company might actually sell a product some day or Inverness might actually be making progress towards developing the product.>
I do not buy that for a second! You did not acquire stock in this company to hold it until it sold product or until Inverness made a statement. You bought stock to sell whenever it made a profit good enough for you and if the price moves up, FOR ANY OTHER REASON unrelated to Inverness and/or sales, you WOULD sell, you WOULD make a profit and you WOULD be very happy. If Lebed "The Horrible" moved the price up to $2.00, you would sell and enjoy your profits, even if you hate Lebed! Or are you going to try to convince us here that you would not sell and not realize the corresponding profit because the price increase is promotional and not related to the fundamentals; that is sales and word from Inverness?! Give me a break!
Do you think that the guys who bought at 4c in 2002 and sold for 40c within a few weeks come back here every once in a while to post their discontent?!
What is the value of a statement from Inverness if not just some good press release? It would calm down weary shareholders and it would also get new investors to buy, so that some can sell and move on or at least feel happier about their investment. But in order to get new investors, you need to disseminate the news and that is hyping, pumping and a terrible thing to do according to some. Of course, if you are the one selling and the IR firm brings up the price thus maximizing your profits, then no complaints, it is quite alright...
A final point. You stated: <That's why I sold>. Then move on. It is not healthy to spend your time trying to make everybody else lose money in order to feel better.
AI
