Well, if it makes you feel any better, I'm down almost 60% as of today at an avg pps of $1.48 despite also averaging down on a regular basis for the past 18 or so months. What matters most is how much you have invested and what your P/L Statement looks like whenever you sell whatever number of shares you hold or control via options. It's easy to look back as hindsight is 20/20. We all should have sold between 7/31-8/2/2017. If all SH's had sold then. we would have gotten to where we are now, a whole lot faster, and CYTR probably wouldn't exist in it's present form.
I too hope and feel that in the end SH's will be rewarded as SK promised, BUT, as far a profits go for SH's, I think that the "last" will be first, and the "first" will be last. It's all about timing. Those just getting in stand to profit much more %-wise than those "longs" with much higher pps avgs. If CYTR goes bust, which I don't see happening, but if it did, we'd all lose 100% for whatever amount that would be, including the loss you took earlier, as you'd not have any further chance to recover from CYTR, except for whatever you might collect from all the lawsuits that would follow. ;p
I've done pretty good by NOT mentioning other stocks I might have $$ in, but I'll check out the one you did. I rarely give investment advise to others and only do so at their request and with caveats. I always say if you follow my advice, there's a 50/50 chance we'll both be wrong! BUT, IMO, if I were you, I'd be seriously thinking about taking some profits on that one, since you're up 500% based on your avg and depending on how many shares you have left. I hope to just suddenly find out that CYTR has been sold, in its entirety for $1B, to some BP and they can partner up with Soon and/or do whatever. All SH's have to do is vote to approve it. BINGO!!
In any case, GL to all of us SH's and CYTR, whether you have 1 share or 100,000 shares!
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