Bio's are tricky "investments" unfortunately as 1 screw up with the FDA can destroy them and therefore your "investment" made in them based on the belief that they know how to navigate their course through the FDA approval process.
That same bio I refer to that I took the 100k loss on I had already banked initial 100k gains on 5 years ago...but I ended up going back in on 1 too many occasions and getting crucified when they totally screwed up their oxycontin adcom panel meeting last july.
So yes I could've continued holding it...but when it gets crushed over -90% due to all the probs and they announce theyre gonna reverse split...eventually its better to salvage the remaining monies and put the salvaged monies to work elsewhere on something you do like a lot more k cheers;)
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