I'm trying really hard to grasp the motives behind this selling spree, especially at these ridiculous low prices. I just don't get it. This is a huge gold mine stock, a rare opportunity to strike so much gold that only comes about once in a lifetime. We can see the gold nuggets, tons and tons on them and we are all just a few feet away from reaching them, yet some turn around and are selling their nuggets for the price of rocks. Who's behind all this and what are their motives? I think the likes of Adam Fraudstein, ampiooooh and others have done a good job convincing ignorant people that the pure gold nuggets, that are in plain sight in front of them, are just rocks and they should get rid of it. People wake up, the GOLD is abundant, it is PURE and within reach and you are selling it for the price of a pile of rocks.
Certainly yet another one of those days I don't want to look at my account. Part of it may just be due to being tied to index funds. Maybe automated trading accounts for another part. So long as the smart money keeps accumulating, the data remains positive, it's hard to see anything wrong with the 6-12 month timeframe. The problem in this drug development game is that the potential for disappointment is high, even with the best of science.