Locking in profits...the same buyers who pushed up the stock on essentially no news are now taking profits.
Look at FCEL and Oncolytics...down 10% and 15% respectively...same thing.
Again fundamentally nothing has changed so hopefully we can stabilize here soon and start the move higher.
Was seriously considering trading out shares when it seemed to struggle to hold the $8 mark, and then rebuying when the stock bottomed...problem is that it is tough to nail the top and the bottom, will leave that for traders smarter than I am.
My overall philosophy has not changed....still believe that $7 gets you $10, and $10 will get you a buyout in the $20 to $25 range, so holding out for the buyout....still believe this will happen in the next 2 years but once again, my guess is as good as yours.
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