Wednesday, November 11, 2009 3:04:38 PM
It's not like that cat isn't out of the bag already as another poster mentioned. We all know approval is imminent. That's why the price has creeped up to $1 already. Much, if not all, of the FDA approval is now built into this stock.
If it goes up much beyond where it is now it's all going to be speculation on number of orders, manufacturing, etc. Sort of a gamble.
Plus, on approval a couple hundred million shares are going to be unloaded, and there needs to be a hell of a lot of buyers to sustain the upward momentum.
I've sold off about 20% of my shares to lock in some profits, and now I'm shaking in my boots, since the way I see it, anything can happen. From a nice run-up to 2, to a collapse to 50 cents or below on a massive approval sell-off. It's a bit of a crap shoot.
I only have 30k shares. You guys with millions must be sweating bullets worrying about what to do!
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