Mast Therapeutics Inc (fka MSTX)

[Ecomike]

Sorry, my head is all foggy today, allergies, antihistamines...I was thinking of a different stock, not this one. This one was ANX and yes this has been been a repeat disaster. I hope the ANX-188 (?) is not just another side show.

I have yet to average down here, I am in at over $4, been here since 2009.

IMHO you sold KERX at the right time!!!! Congrats on KERX!!!!

I have seen stocks double or triple in a day on 50,000 shares in penny land on the right news. I actually like to buy at the bottom when the volume has dried up after shares are dumped in volume, but I buy and hold for big moves, I don't really day trade.

FWIW, I have held off averaging down here, because I am not yet convinced it has bottomed, and I already have some expensive shares to ride if it does take off. I think the volume dried up because of the name change, that cleared out the day traders I think. In fact they were pissed, LOL, when the name changed. Hard to say if that is good or bad.

Might be time to see if institutions are loading up with shares?