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MELA Sciences, Inc. Message Board

  • android_stocks android_stocks Mar 26, 2010 5:29 PM Flag

    Sold at a loss, here's why. Agree or disagree?

    Will love to hear your feedback on my thinking.

    I bought around $9 a month ago, expecting good news.

    I sold because with the recent news, this stock is probably dead money for the next 3 to 6 months. Stock market looks pretty tired and out of steam right now, so, I really don't want to hold something for 3-6 months right now.

    I see better opportunities, either in long or in short. Don't want to tie up my capital.

    Thoughts?

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    • Will love to hear your feedback on my thinking.

      I bought around $9 a month ago, expecting good news.

      I sold because with the recent news, this stock is probably dead money for the next 3 to 6 months. Stock market looks pretty tired and out of steam right now, so, I really don't want to hold something for 3-6 months right now.

      I see better opportunities, either in long or in short. Don't want to tie up my capital.

      Thoughts?
      ------------

      <Thoughts?>

      I wonder if Fncydnasir is banging Giada this weeekend?

      I'd like a nice steak and some Irish whiskey.

      I wish JD Barron would return.

      My secretary has a very nice rack. I wonder what they look like naked.

      That's all my thoughts for now.

    • well its only a loss until you sell. I would have held and maybe bought some more at a lower cost to average down, then when it goes up , to break even, would have sold and put some into a company that is actually making money and held some to see what happens here. I think it will get approved, it just sucks that we got caught up in bringing something on , now that fda is feeling like it has to be extra cautious, they should have never given it the expedited nod if they were going to pull this crap. IMHO Good luck

    • I agree with WRE. I did just that and bought yesterday at 7.25. I have owned this stock for quite awhile, I have bought it at 4.00, saw it run up to 12 and when it dropped last time i sold it at around 9.50. theres no reason to panic here, it may take a few months but cost averaging right now is the smart play.

    • I sold a few shares myself. I figure we will see a few dips over the next six months and I want to make some money on them.

 
MELA
2.48-0.04(-1.59%)Jul 25 4:00 PMEDT

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