Replies to post #6444 on Health Discovery Corp (HDVY)

[AccipiterQ]

It's not panic selling. The company is way behind on their own time lines. They announce nothing, so it doesn't go up. People get tired of watching other opportunities go by. As I said the other day; if I had a major position here, or say I even had 10K here, I would've sold by the time this dropped to .20 and eaten the loss. I'm not old enough to have saved up any sort of significant money to invest, so I went all in here. Unfortunately for me it looks like this is the end of my investing days. I'm losing my entire portfolio as this thing takes a dump. I don't fault anyone for my investing strategy. I knew it was risky, but again, being a grad student I didn't have a lot of money to invest in the first place (few g's.). I figured rather than spread it thin and get any profits eaten by transaction costs on buy & sells I'd look for a company that looked promising.

That's what really blows about this situation. I did my research, I looked at companies, and I saw several that looked good. I picked this one. You know if they had announced their test didn't work and they had to go back to the drawing board, or that the Dr. had left the company or something, and this had tanked, that'd be one thing. I could live with that, because it was something that wasn't there before I invested, and got me off guard. Instead we're getting slaughtered because investors are (rightfully) sick of waiting for a company that won't communicate with them. They're sick of waiting for a company that can't meet their timeline, and actually seems to have completely ignored the fact that they ever threw one out there. They're sick of gimmicky iphone apps, and conferences that should at best be side plates to a main dish. I'm not surprised this is getting its' guts ripped out, it makes sense and it's right. The company has not delivered, they have not communicated, and they've started doing what a lot of these useless shell company's do: fluff PR's about tangential topics that distract from the fact that they haven't delivered the real goods.