Intellect Neurosciences Inc. (fka ILNS)

[elleryqueen]

I am not sure why the stock went down today. I liked Dr. Chain's message to us. Most important, ILNS will continue to pursue the patent for Antisenilin. Dr. Chain is correct about this latest round at the USPTO concerning Antisenilin not being a "Final Rejection" and that there are other options. Getting multiple rejections at the USPTO is a very common thing for bio stocks. The main thing to remember is 'Winners never quit and quitters never win.' Nevertheless, the stock did go down a lot. All that means to me is an opportunity to buy more. As you know I am not happy with the number of shares I have. I bought back in ILNS post r/s at .0799. When ILNS took off to .19 and higher I decided to ride with the number of shares I already had. Now, I think I will be able to buy more. Another thing, stocks act funny during reporting season. Not only do penny stocks take a strange twist but large established stocks can act oddly during reporting season as well. Many investors sell positions not because they don't like the stock but because they have found something better or have made enough money already. I don't think today's decline is permanent. ILNS is a great stock with a great future.