Bocxman,
Your last post stated "Kag: unlike you, many of us were in this stock well before the ABT announcement and are still very much above water. Just because you are losing money doesn't mean the rest of us are."
Why are you stating that I am losing money in this stock when you cannot possibly know if that is factual or not?
And in you next-to-last post you said: “reverse: nah….60 – 70 is the time to buy.”
How could you possibly know where the bottom will be on this down part of the cycle? From a practical view, about the only thing that can lift this stock now is some kind of third party independent verification. That basically involves Abbott and their semi-exclusive serum RECAF license. When will Abbott announce something either positive or negative? It is possible that Abbott is not at a point yet in the feasibility review process that they even know. So, in the meantime, one of the most well established trading rules that would be applicable is to never, ever under any circumstance add to a losing position or average down a losing position. kag
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