Who is selling and why? The company is in talks to partner with big pharma firms and take zertane and Ampio to the market as the CEO said during the Cowen & Company conference. Why is all this selling happening?
I'm holding but extremely annoyed with this POS. Straight down all week despite a nice market rally? It's been exasperating. If I sell today it's more disgust selling than panic selling. Better to forget about these shares for a year and check back in 2013, than each morning to wake up to another annoying loss. Easier said than done though.
I feel your pain, I'm holding on too as I think we may be approaching the bottom of this. I'm holding on based on the company's fundamentals. The stock may actually be where it is supposed to and should gain based on real news of big pharma partnerships and FDA approvals. The fundamentals are there, we just need nerves of steel, and an iron clad stomach.