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GeoVax Labs, Inc. Message Board

  • kinsma.i6684@sbcglobal.net kinsma.i6684 May 21, 2009 5:34 PM Flag

    so how much did you lose,, those who held

    anybody


    I lost 30 K

    timber.

    thinking about selling and buying back as the levels drop with no news.
    anythoughts?

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    • Have you noticed its just as hard to buy at these levels without moving the asks several cents then it is to sell without moving the bids?

      Liquidity is momentarily stifled. The sell a-thon looks like it hit a wall. When the bids pile back up people will feel more comfortable hitting the ask. At this point by holding you're risking a few cents to the downside, where by selling you're risking missing out on the upside.

      We knew going into the conference they were unlikely to announce anything in the presentation, but hey could be meeting with companies behind closed doors. The big 2 week run up leading to the conference attracted a lot of traders (new 52 week high, technicals in a line, unusually high volume) and they were the ones whipsawing eachother fighting for pennies.

      Do what you want.

 
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