Being The Gambler I am. :) I bought 100,000 shares of HGEN today at .015. This is my largest position I ever owned of HGEN! LOL :) I Pray that you are right cowtown jay!
I'm not saying this will happen here, but I remember Health South trading on the NASDAQ back in the early 2000's, that got delisted down to the pinks. This was due to one of the officers getting charged with cooking the books, and they thought the numbers were worse than they actually were. That stock crashed from around $7 down to .03 cents when it had gotten delisted. Within a month or two it shot up to $2 and got reinstated on the NASDAQ and ran to $50 per share within a year. I had almost bought 50,000 shares of it back then, but instead I passed on it when it was at .03 cents. I have been kicking myself ever since.
This is a BIG "IF", but "if" HGEN can pull a Rabbit out of the Hat we might all be smiling by this Christmas. I am not risking more than I can afford to lose here by dropping $1500 Bucks on this. This is as about as Risky as they come, but reward could be worth the Gamble if they can come up with something here? Hell, I played more than this on the options this week.
Take Care and have a Great Weekend!!!
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