Replies to post #51904 on PharmaCyte Biotech Inc (PMCB)

[BioNewton]

I'm sure most of what is available are the 67 million shares. Pretty obvious. The guy now has the opportunity to turn $1.3 million into around $2.5 or $3 million in a couple weeks. Not bad.

[thenewmixer]

and the person who buys PMCB to lower their ave is wrong also,forgetting that the shares that were bought at higher levels is money lost

[takeyouhigher]

The person who holds until it's worthless is also wrong. Everybody makes a bad investment decision every now and then. But hanging on because of false hope isn't wise. If you only have a couple thousand invested, like I did, and you lose it, it's not a big deal. But continuing to buy shares when no new data or a solid clinical trial date are announced is taking on risk foolishly.