Proteonomix Inc. (PROT)

[Alex17]

As we all know, trying to bottom guess a falling stock is dangerous and highly risky. It is like catching a free falling knife with a bare hand. Particularly, in this case, the remaining "longs" don't care about the market value of PROT. They are prepared for the worst and don't mind if it goes to $0.00! All they are interested in is the new Co's stock. The majority don't believe in StromaCel (or the current PROT) to bounce back as much as very few do.

What does this mean? As soon as the company comes out with a news confirming the completion of the spin-off, all of those people are going to salvage this stock at any price that is better than $0.00. There will be a sell-off at the market. This increases the risk of buying or holding this stock tremendously.

In addition, shorts are bright. They are no average traders like some of us. They know what they are doing. So it's always important to take caution when you are playing against them.

In conclusion, momentum, sentiment, history of the stock, timing, and shorts are against you.

I am not saying I would sell. I would buy, but the price has to be right to take such chances.