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Gastrodamas

12/28/10 10:50 AM

#27068 RE: MinnieM #27067

Just Curious did You buy to Hold or Trade? Beyond me why someone would buy to Hold this right now?
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elysse1kittycat

12/28/10 10:55 AM

#27069 RE: MinnieM #27067

I added also-if the stock had gone from .045 to where it is now based on the FDA approval(rather than .27) and hovered there for the last month, we probably wouldn't be upset and would just be waiting for the next piece of news to drive the stock price higher.
From .045 to .27 is a huge jump, and obviously some people did get hurt in the short run(the latter are key words).
That being said, the news is real here and not a mirage and if everything goes smoothly, the current price imo will represent a real bargain especially if one is patient and can ride out the turbulence and volatility such as we have been seeing of late.