I was only referring to short term price appreciation not long.
Been in stock market for 20 years but looking out 3 years from now for PPS isn't my main thing, as i don't subscribe to buy and hold strategy.. But that is just me and it is about my preference.
I know mr Matusow quite well yes, but i am not a fan or think of him in high regard- no more or less than any of you on any of these boards. I just happen to agree w. him on the acquisition more in near term than long term. We will see. I don't know or care about his long term price targets. He has never been good at that anyway. If anyone wants his advice, it would be short term and not 5 years down the road.
All i am saying is that the way this mgmt seems, it would be no shock to me if they did sell the company sooner than later - again i don't know if that is shortly after fda approval or way after few qtr of increasing revenue validation has taken place. And personally, due to my trading habits, i also hope for an earlier acquistion than a later one. Again we shall see. Or at least i am going to give some time to see what happens.
I plan to sell all shares at certain target point AND tim frame in increments - should hit my objectives this year i think - with fda approval, prob during first hour of pre-hour trading on that day perhaps - at least partial sell. Then rest of share selling on any material news.... Over 1-2 quarters.
All the best for those keeping some or most shares until i am few yrs older...with such a low cost basis, it must be exciting.
