Many of you have read my Kerzillionaire? OR NOT posts. I am posting this to warn you. This stock has duped investors legally in the past and they can do it again. They proved with perifosine that they were willing to gamble for success by moving onto phase III with lackluster handpicked phase II results that should have indicated the need for a phase-II-B study but instead they gambled, they moved on. This cost investors dearly (66%). Keep a keen eye out. The CEO Ron Bentsur's stop losses triggered him a healthy profit but many people lost money because the announcement came early and people were expecting it weeks out. It was a SURPRISE!!!! type moment...A really really bad one. Be warned.
No warning needed. I like a few here flipped it a few times and made some good money, but now I've bought to hold long. The action I believe is not far off, and as you can tell, it looks like MOST feel the same way, hoping to add more soon IF there is another dip, the dips are getting fewer and fewer. If your short...... oh well.
Uh.. Now is not the time to buy to hold long. There is still a lot of time for bad news to hit...And as for holding through the event, that would be stupid as well. Trading this stock is overall a strange idea.