I am a senior in college and a finance major. I sold today 27,000 shares at 1.16 for a profit of over $18,000 and 140% gain.
I sold not because I do not believe BPAX will not get to $2 and above. I strongly believe it will. After the rally last week and the subsequent fall I knew I needed to sell at the open today, because I felt this would fall after open.
It very well may turn out that it closes today above what I sold for. It also may not, however. Either way $18,000 even after taxes is a big boost for me and will help me to begin my life after I graduate. I could not turn it down this morning.
I am strongly considering buying back into BPAX. It's hard not to at 1.04, where it is at now. But I need a break for a bit.
I think from now on it will stay mostly above $1. But it may happen that it drops below at some point. I'll be ready to snatch BPAX up if it does.
Basically I believe BPAX will continue to trend upwards. I just need to take a breather and think about various options. If I miss out on another huge rise from BPAX I won't be disappointed.
I will be following BPAX for quite some time to come. There is a lot of good in this company. For those who have yet to take their profits. Good luck. For those who have just boughten in, I believe you will likely do just fine. BPAX will be a winner this year in my opinion.
I am sure I will be joining you for a ride once again soon.
AI
