Well I wouldn't sell if I were you... Any chance of averaging down at all? If not, I still wouldn't sell, it will move to at least $2.80 in the short term. What they need is to get their crap together and get back to isobutanol! Once they do that, it should get a nice pop to well over 3.50 IMO
I was able to average down my price to $3 due to this fear sell off.
Thats really all it was. Im coming from a biochem background (grad student right now). Trust me when I say, scaling up a biological experiment is not as straight forward as adding more of everything. Usually there are little kinks to work out. The reason the price is so low is everyone was scared and they have no idea how these things work.
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