Personally I'm holding and expecting positive news next Tues but I value your opinion and was wondering what your thoughts were. I've seen Feurentein come in and bash every bio stock I've owned and personally I think he's been right only 50% of the time. I don't know if he's ever been positive on a bio stock
In my view, it doesn't matter what the stock price is when the results are released. If good, the company will be valued on the basis of projected revenues from the cancer treatment. If not, well you know where the price will be headed.
So, IF you are a believer, then look upon reduced prices as another opportunity to buy cheap(er) shares. It shouldn't bother you; it should make a lot of believers happy to have this chance, assuming they still have funds to invest.
CLSN is about as close to a true binary company as I've seen in a long time. Billion dollar company or a bust? This past week I've been buying Feb call options as a way to profit more easily from good results (rather than buying shares). I will get screwed if the results don't come out by Feb 16th.
Smart play. I remember going through this exact same thing with DNDN. I bought in near $6.00 (the price didn't fluctuate as much as CLSN) and 1 day I wake up and the stock is sitting at $20.00. I am keeping the faith with CLSN and might add to my position come Tues if we don't hear anything by then. I just like to hear other positive thoughts so it calms me down. LOL Thanks
I personally think that the news will be good. They are showing positive results, that cannot be denied. You are just seeing the manipulation of this stock at this time so the big boys can get in as cheap as they can. Unfortunately, guys like me are, for lack of better words, nervous as hell. I am not, by any means, a guy that can give you the answers you are looking for but I do feel very positive about the data that I have read from CLSN and really appreciate the info I gain from people like daviscupper on the message board. Speaking of that, how o you see whats happening now daviscupper?