Hey Steve, thanks for the summary. Yeah the uptick in volume and seeing a sizable % of short covering sure felt bullish, then wham, the hold.
I know you've been around a long time and underwater like me. I've heard the term FOMI (fear of missing out) thrown around, and that is where I'm at. Way too underwater to sell, and DCA'd far too many times. Despite everything, I'm still optimistic on the science though not too hot on management. From the other baby bios I invested in or tracked, this seems par for the course; AVXL, INO, TTNP and NVIV to name a few. Without exception, the reoccurring theme from retail is management/leadership are greedy, corrupt, inept, self-serving etc. It's been a long, ugly ride and looking forward to better days ahead. Once this plays out, one way or the other, this will be the last speculative biotech stock for me. GLTY.
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