It is kind of funny to me when I look at the volume but what the heck. It lowered my average a bit. It is nice an low now. I hate to say it but I was going to buy at .015 and then just left the money in cash. This morning .012 felt good so I placed that order before heading out to meetings and at the end of the day it was filled. It used to take 2-3 trades to fill that many shares but not now. I do expect that the price will still fade some more but at full dilution of 500 million shares the market cap would be only $6 million. That is awefully low if any progress news comes out. I will not need to buy any more for a bit now. I got it out of my system today. :-)
How-a-bout you? Do you feel compelled to press your average down yet? I know what you said but today looked like a real crasendo low. It looked like that "dump" that I look for when hold out shareholders just liquidate. I like to look for vertical lines way DOWN on charts on BIG volume. Today will look like that on a chart next month if we go back to today.
Good luck, I hate to see your position getting hit like this. It is not supposed to be this way but darnit, there is not a darn thing for updates from ADMD. What else are all but the true diehards to do? We lower our average because we are LONG but I bet a lot of shareholders are scared to buy in the face of these kinds of sell offs. I get it.
I am putting a buy on it for a bit. This is just too rediculous in my opinion when I do that market cap check at full dilution.
I've loaded and lowered my cost average, not my trading style but the risk reward is to great to pass up. If anyone thinks for a second that this company is going away is delusional, radio gel is the future of brachy therapy and Battelle will help bring it to market!
FDA approval coming, and when it does you'll be chasing the shareprice!
SS, I think that's it for me as far as buying goes. It's funny how I said that, at a much higher share price of ($.03) too. Now at $.012, I won't touch this stock at all. And even though the price is at about as low as it can go, I just have trouble buying something at 1 cent, especially when the volume is heavy and the price is going down. Someone is still buying a considerable amount of shares though. It's not me, I'm all tapped out. Yes I took a beating on ADMD but I accepted the risk as I was buying shares. MDLAND~
SS, I see on my Broker's chart an overwhelming but to sell ratio. I may have lied to you when I said that I wouldn't be buying anymore shares. Some might say at this point that I'm delusional, but . . . MDLAND~