OMG! Yes, exactly! Why is anyone even talking about taking profits and the "possibility" of a higher spike?! We had a 10% day today....10%....thats nothing to write home about. The volume was nice but 10% is pretty good, average day, for a small cap bio.
Let me be clear, I am in no way knocking anyone taking profits. But ive got a feeling a lot of the profit taking that was done in the 1.20's is now being repurchased in the 1.30's and 1.40's as we start to move up. And I dont know about the rest of you but as I mentioned earlier im still adding.
I dont know whats going to happen here but I believe this should be trading between $3-$4 right now. I will take some profits from my position but its not even on my mind right now.
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