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Tuesday, April 30, 2013 10:47:52 AM
I think the general consensus on this Board (I could be mistaken) is that we all expect the NEXT BIG MOVE to be a return to $5 pps via good first-line NSCLC data and approval of P III Bavi.
The question then is, do you sell after this jump, expecting a typical retracement?
Or do you just hold tight and don't look back, knowing that with good data and P3 coming, the pps will sooner or later hit $10?
As other posters have mentioned, the road to $10 will most likely be rough and jagged with lots of pits, valleys, and peaks. Many will not have the stomach for it. They may sell at a nice profit, only to see hundreds of thousands escape their grasp for selling too soon.
Yes, I know you don't count your chickens before they hatch, but as we all know, when PPHM moves, it can move VERY quickly. In the rush of excitement, strategy and judgment may become clouded.
Thoughts?
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