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LongJohnSilver

04/22/07 9:22 PM

#48121 RE: nw_La #48116

nw_la, my advice is to buy as much CYGX as you can afford to lose and average down your cost.

The December up trend didn't continue in 2006, so I wouldn't count on the Summer trend continuing either, especially after losing so much in the past year.

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holycow

04/22/07 10:04 PM

#48124 RE: nw_La #48116

nw LA, My close relative bought much higher, still hoping it will work out and i think it will, eventually. On the chance that your post might have been addressed to me (probably just random), I have no advice to give on that matter. The pattern over many years has been up and down and up and down. I have bought somewhat low but also in the high area below a dollar and also, with others here that I recall, in the range close to the most recent high. Who knew it would go back down. I have always felt it does not matter that much if it one day really shoots high. But of course, that perspective has been wrong until now. Of course, cheaper, you end up with many more shares. I am just not the person to ask on this. I have never excelled at the skill of "buy low". Further, my abilities to predict the share price movement have not been very good. I have bought over many years and hardly ever sold. This is my big gamble. Good luck with whatever you decide to do, and when you decide to do it. May it break your way.
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bigworld

04/23/07 11:02 AM

#48132 RE: nw_La #48116

nwLA: My advice is to only invest an amount you can afford to lose without hurting your lifestyle. This company is difficult to predict. Their pattern for years was to release all kinds of Press Releases at the end of the year to drive the share price up. Until the end of 2006, when management upheaval caused the stock price to plummet to its current depths. Their pattern was to go into hibernation for 6 or 7 months every year, from April to November. If that happens again we could see the share price drop into the 20's. Then again, they could pull another rabbit out of their hat and land some partnership deal on a vaccine or some government contract, in which case we could move higher from here. I'd say the chances for a move lower outweigh the chances for a move upward at this time. The company doesn't have enough money on hand to pay salaries AND get the production facility built. So they have to sell more shares, and at this point they'd be lucky to get a quarter a share in a PPO...that is more dilution and more downward pressure on the stock price. And, if for some reason they run into significant delays with construction that will add still further downward pressure. And, if God forbid one of their scientists would leave, well then that could cause a share price drop back down into the teens. The only reason I haven't yet bailed on this moribund stock is because the scientists still have faith and haven't bailed out. And, I can afford to lose my entire stake of about $100 K (at current prices) without hurting my semi-retirement lifestyle. It only represents about 6% of my portfolio. So, I would hold on and perhaps add some more shares when it hits the 30's this week and try to average down your aquisition costs. Then if it drops into the 20's, add a little more. The company is viable for as long as it retains its scientific talent. But if any of them bail....head for the exits.