They sell at these levels because they have thrown in the towel and just want to try and salvage a portion of their investment back. I've seen this type of action in my 40 years of buying stocks. It really takes EXTREME patience here and let's face it most folks under 40 years of age just don't have it. It's only human nature. This is the "I want it now" generation. You can easily recognize this attitude by the way they post. Calling folks vulgar names, outright dishonest statements about the stock, etc etc. These are all characteristics of young, immature, impatient people. They are all on this board. I would like to see anyone who is not willing to wait 3 or 4 years for developments to happen to pleas sell your shares, clear the heck off this board and find other entertainment for themselves. Stock investing is not a game kids. It's serious business. This will probably be my last post on this ACTC yahoo board. It's getting so ridiculous it's almost embarrising to be a part of it. Remember this. People with low expectations are rarely disappointed. Translation: If you expect FDA notification any day you have high expectations. If you have the patience to wait until 2013 you have low expectations. I'm in the latter. You all have a good day.
Hi Mclarence.. I don't know if you saw my reply to you the other day. If you are looking for a more mature place to post, please rejoin the the google group. You can easily turn off the emails so you don't get any now. The community there is much better.