Re: Added a few more to the pile...
in response to
by
posted on
Nov 08, 2017 09:12PM
Not always narmac....but more often than not probably. Before this add, the last time I bought shares instead of warrants was at $1.35, then the PPS did go on a run to up around $1.80 shortly after, so sometimes I do get in before a jump.
And that would be fine if I could bring myself to sell the peaks....but I have to admit greed takes hold because of my views regarding the fundamental value here if Apabetalone succeeds, then I can see a Market Capitalization in the billions.
When the PPS got up around $1.80 in early October I was giving serious thought to selling a small % of my position, like 5 or maybe as many as 10 K, but I couldn't do it. I had written this blog post on Sunday October 7th, and right at the end I said the chart looked overbought and that I wouldn't be surprised to see a pause or pullback:
http://www.avoidthebag.com/2017/10/rvxto-climbs-24-in-one-week-despite.html
If we do get another run, then maybe I'll pull the trigger...if I do decide to lighten the load with the thought of buying them back on a dip, watch there be no pull back.