enemem,
What a posting whirlwind. Usually weekend posts are hard to come by here. Anyway, I do plan on liquidating as many shares as possible over the next several weeks. I will undoubtedly keep some. My break even point is slightly less than a buck, so if I can move some of my shares on an uptick with hopes of finding a more moderately lucrative investment path, I will clearly be better served than sitting on my current cor position waiting on the company's fate. I was waiting on the SA trial update with hopes of good news and a near term pop, but now that the trial is delayed, I find it more advantageous to put my money elsewhere for the near term. I think there will be a retraction of share price here.
I like bigworld's strategy. I will probably put a small amount in a nat gas etf and dabble in a few mineral plays as well. I will also reenter some of my earlier '09 positions on a broad market pull back. I've just had it here and am frankly sick of waiting. Whether cor pulls out a good deal of some kind or not, the 5 to 10 bagger vision, imo, is gone. So for now, I will feel better with a more diverse portfolio. It was worth a shot but I believe the dream is over. I never get lucky on these all in plays, I should have stayed with the strategy I encompassed during the '99 tech rally. I was in and out quickly with stop losses on widespread dot com and tech stocks. If I had done something similar to that with biotech, I may have had better luck, possibly catching one of the recent rockets without sustaining such substantial losses. Again, good luck to all of you, I shall check in periodically with the hopes of catching one of gfp's whimsical analogies. F4T.
