I've been here a long time. The newbies that entered, welcome. Julian has done a great job if sharing information about the industry, and from time to time so info on IBIO as well. He knows his stuff and is an invaluable resource for new IBIO investors.
Don't quote me on this, but I think today was the highest volume IBIO has ever seen on the AMEX. Can anyone confirm this? For the past 6 months we've been lucky to see 40k traded a day. All indications say PLX will get approval, but in all honesty, if PLX gets approval, I would not be surprised to see many PLX investors sell on he initial run and park some money in IBIO for the bigger run. I know at least 15 people who hold a modest amount of shares in both PLX and IBIO who are foaming at the mouth to sell into PLX approval run and buy IBIO with PLX profit. they understand they might miss a quick spike, but IBIO is a long term gem IF and WHEN the platform is validated and commercialized.
disclosure: I own zero PLX and have been buying IBIO steadily for over 1 1/2 years...3.56 was my highest buy and .70 was my lowest buy and I am currently averaged in at .94...locked, loaded, and sell price already set. I doubt my sell price will hit until at least 2014...good luck to all true longs.
whats strange is PLX has not really runnup compared to the last time it went from 6-10+ and failed to recieve approval. I know they diluted recently but the pps is just sitting around $6....we will see what happens