News Focus
News Focus
icon url

davidal66

01/03/07 6:04 PM

#2907 RE: gfp927z #2906

Accumulated over 3,2,1's. No, I've never sold a single share. I plan on buying some additional shares later in the month. Luckily, my wife does not moniter this message board(neither does the rest of my family--this board is for the hard, core, biotech junkie). So, it is a steady accumulation, ratcheted up with the price drop. I'm not above the "negative" psychology by the way. I'm not above it and feel very frustrated about the share price today. There should be a study of psychology of owning shares in stock. Why do we "feel" more safe, better at a higher price? and worse at a lower price. Obviously, there is fear, some justified, maybe a bit overdone. But my point is not to say there is no risk with owning Cortex at 1.28. It could go bust, run out of money, whatever--maybe the chimps and rats brains will fry like hashbrowns! My point is rather there is just as much risk(if not more)when a biotech stock moves up on hype or substance.

Hopefully there will be no 'hashbrown' brains with CX717 by the way.