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Re: blackpantherz post# 20274

Thursday, 03/27/2014 10:27:09 AM

Thursday, March 27, 2014 10:27:09 AM

Post# of 30046
Hype carries the most weight in penny biotech.

As I said -- I know you bought before the MJ rumor at 0.0001, weeks and months ago, and if you sold into this rumor, I tip my hat to you. That might be my entire point about penny biotechs -- they are fueled by hype and nothing else. FDA hype, Advisory Committee hype, Phase II Clinicals hype, rumor hype, whatever, but they fall back 95% of the time.

Buy when there's nothing going on, as you did, and hope for hype -- and when it comes, it's never wrong to take a profit in pennystocks.

But it's always wrong to come late to a pennystock party.

BP, I suspect that a month ago, you would never have believed you could sell at 0.0003 in March. Well, congratulations!

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