Hard to argue with the general sentiment. However,
Convinced Brother-in-Law prior to departing Austin this AM, to give it a shot. (MUCH more money than I).
Hard to figure on the road if/when he may have filled today. Certainly a similar entry to mine, but without the interim loss.
I am more comfortable with the 2018 gamble on the likelihood of trial results than the GO-GO of October 2015.
Even with a conservative 9-12 month trial confirmation/failure as Investor would say.....risk reward equation is acceptable.
IMHO....even with the stated strategy of dilution....high to mid 2s is floor. Mine....$2.93 on certain math. My risk profile is worth the infamous average down @ $2.93-2.84.
Can't make Memphis let alone a fortune in AVXL today. Dodging Thunderstorms is about as risky as the price action lately.