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RXi Pharmaceuticals Corporation Message Board

  • etschell etschell Mar 6, 2014 9:16 AM Flag

    let me remind you

    over 100% increase in value since the first of the year.

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    • I do not disagree with this fact. However, it does not work well with long term holders.

      Some 2 years ago, I bought a good bundle of RXII shares averaging at 14 cents before the 30 to 1 reverse split. Right after that reverse split, my break-even price war around $4.50 per share. Then shortly after that reverse split, RXII dropped to around $2.50 per share and stayed at that level for many months.

      For me, I am gaining only $1.00 for my dedicated support of RXII for 2 years.

      People may consider me totally stupid. In hind-sight, I should have sold RXII right after that reverse split and bought back when it dropped to $2.50.

2.06+0.12(+6.19%)Oct 24 4:00 PMEDT

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