Wednesday, January 02, 2013 2:32:24 PM
i'm long this bad boy and have been for a while. just realistic that there will be a short term nasty selloff when the shares hit the brokers. i think a 50% drop is inevitable. but you know what? the bounces have been getting faster and faster and my guess is it goes right back up to the old highs (whatever they ultimately get to) before the CUSIP transfer is put into place.
all along i have said that this is a $100+ Million company because of the patent protection it has, the big pharma advisors on board, and the positive comparisons to GDNF/Neurturing, both of which had over $150 Million in funding at similar stages during testing.
i will not be bailing on my shares but rather i'll be picking up shares if they sell off after the CUSIP conversion goes through. should be a volatile couple of days when that happens.
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