Windtree Therapeutics Inc (WINT)

[Captain Hindsight]

You know I have not sold yet but like you I am watching it closely. The truth is that my gut tells me I should sell the stock and be happy for whatever I can get. They just had a CC and earnings report so I am really not sure what will hold this stock up until we get any developements. The burn rate concerns me. They are spending far too much money considering they don't generate much revenue. It is really in the hands of management.

CTIC was in a similar situation in march. Although thier drugs are more important and life saving than DSCO there management team did the right things to get them out of serious financial problems. The stock went from .05 to 2.20 at one point and I have to hand it all to the CEO.

The nasdaq year target also really concerns me. It is set at .12 cents. I do not base my investment strategies based on these projection but that seems very low. 95% of my gut tells me to sell right away and the stuborn bitter man in me tells me to wait it out just because I am down 60%. I will most likely sell this today and put my leftover money into BIEL. This way I can get it back and wash my hands of this. I just need to chalk it up as a learning expierence. Good luck man. Aside from BIEL I am done with biotechs, they are just too risky.