Antares Pharma, Inc. (ATRS)

[usma67korea]

JrD

you have a reasonable cost basis (3.6?)

I hold 122K shares now, but at 3.845, so I am in a hole by $50K. I don't lose sleep at night but no fun, nonetheless. I jumped in a bit too early when this was trading at +/- $4. Been buying steadily each week and plan to until I get to 150K (and maybe around 3.7 cost basis). Of course, if we continue to decline into high $2's as some people are saying, then my cost basis will come down to 3.5's maybe. Better # but what a pain just thinking about it.

in any case, chart isn't everything, but it looks bad. we are below all the moving averages. The general market has been very good and we've performed miserably. If the market turns sour, coupled with no immediate catalyst, this stock is in trouble.

Having said that, I think in 60-90 days, we'll be fine. It's the short term dips and pain.

good luck.