Replies to post #26038 on Seelos Therapeutics Inc (SEEL)

[tjguy]

Why 35 cents though and not higher?

This is the bane of biotech. It often happens where they give investors a break on the price of the stock. It usually brings the price down, but just temporarily.

So, betting on a quick rise, I bought in today, but it went lower than I had guessed so even though I bought at $.35, I'm a bit below entry price.

I'm sure it will rebound though. Might even hold for a while. I had APRI on my radar before this so I saw this as a good chance to jump in.