Here is the battle within yourself.
Do you roll the dice and say the hell with it, or do you try and get out tomorrow early in the morning only to try and get back in at a later date. If you can even get back in at a later date. Here is the problem with this scenario. Someone will get burnt! I hate to see anyone take a loss or financially get strapped, but this is the name of the game. It is a game! I've seen this many times with the FDA requesting more information and the problem is nobody knows when they will respond. I watched companies submit additional information and then all of a sudden they heard back from the FDA in a matter of days with positive news and then I've watched companies take months to get anything back from the FDA. It really only depends on the scope of the information requested and how prepared the company is with the information submitted. This will tell us how close we are. I hope everyone with questions and concerns will jot them down and ask Dean themselves tomorrow during the CC and maybe just maybe we won't have the roller coaster ride we had these past 60 days. Wow, was it 60 days? Who would have thunk it?
I would be dishonest if I said that I don't have regrets for not cashing out around 1.95, but I rolled the dice and here I am still supporting this product and the company. Luckily for me I don't throw the entire bankroll at a single investment and can sit on this for months to come. For the longs, I wouldn't even watch this trade tomorrow if you can't stomach major swings. Hell, you might want to walk away from this thing for a couple of weeks because the shorts are going to have a field day until this settles back down again. Unfortunately, it looks like our nearest support is the 200 day MA which is around .37 and after that a gap to be filled about .25-.30. This may very well happen and if it does, be ready to pick up some more shares. I just don't think Dean can spin any good out of this news to prevent this from happening.
GLTA LONGS
