BioSante Pharmaceuticals, Inc. (BPAX)

[49cents]

There is no reason to sell at a loss

There is no reason to sell at a loss unless you need to sell out because you need the cash. I got in at .49 and bought 20,000 shares. Sure, there hasn't been a gain today. There may not be a gain on Monday. But over the long term the price will undoubtedly rise! I think anything under a dollar will generate some good returns. That's if you are willing to hold until the price rebounds above your buy.

If you bought yesterday at .50 and are selling today, I'd say you're being short-sighted. It might take a few days, or perhaps a few weeks, or maybe even a bit longer. But anyone who bought yesterday should easily be able to see some nice returns.

I think there is a good chance of a nice bump in the short-term for those have trouble waiting more than a day.