Being a long in a penny stock is a death trap, but i wish you good luck. Imagine the amount of shares you could have if you would've gotten out on the way up and waited for a real bottom.
Newbie I noticed that this stock was around the .001 level for a pretty long time before the runup after the Biomedreport came out. I have been tempted at the .002 level and want to average down one more time with another million share to get my PPS average down to 1 cent. I am hoping that we could hit at least a penny again in May when they release the 2011 Q1 results with hopefully a profit and foreward guidance being positive. I may hold for .001 but may settle for .0015 After the $70,000 sale I thought better days were coming soon and did not expect this further dilution right now. I think this will be my last penny stock along with POSC that I hold in the future.