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Opexa Therapeutics, Inc. Message Board

  • tesiman tesiman Aug 8, 2013 2:10 PM Flag

    Risk/Reward

    Yesterday, I neither bought any stock nor did I sell the 25,000 shares that I have been holding. It was an interesting trading day and curiosity (and greed) played a big role in not taking money off the table. No question that there was market manipulation but I speculate that everyone following the stock knew it from the fact that there was no announcements from the company.

    The way I look at it, the stock should not have risen yesterday and I am now still better off at $1.44 then i was on Tuesday when it closed at $1.25, especially givent he fact that the company can now cover the Phase IIb costs.

    I have bought another 5000 shares today at $1.44 because I believe that the company bought a new lease on life. Sure the IIb can be a bust, but if there is positive news then the reward will be expodential. Small thinly capitalized biotech stocks are like playing the Powerball lottery, no better and no worse.

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OPXA
2.01+0.01(+0.50%)Feb 5 3:41 PMEST