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InVivo Therapeutics Holdings Corp. Message Board

  • alabamatigers11u alabamatigers11u Aug 30, 2012 3:39 PM Flag

    Where is Superman when you need him?

    unfortunatley today shows the impatient nature of biotech traders. I too would jump off if I had lost confidence, but I haven't and will continue to hold and add more if I create profits in other places before this moves back up. It's extremely attractive to me at $2 or less.
    glta and hang in there, just a bad day for bio's all around

    Sentiment: Strong Buy

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    • You are right on multiple levels, including the word traders. Too many people wanting to trade in biotech when they should be investing. Patience yields rewards. I just hope that in 5 to 7 years we can be at $50/share. Is this unreasonable? Where is Putuporshutup and Fagenbecker when you need them?

      • 1 Reply to pemmanuel3_3
      • I'll tell you where I have been - buying more shares both yesterday and today. I started my holdings in the .70-.80/share range. Added in the $1-$2 range on dips. Quit buying when it got up around the $2.50 mark - not because of a lack of faith but due to my over-all portfolio balancing.

        I also live by the adage that pigs get fat, hogs get slaughtered. I have a considerable number of shares so I quit buying. When I saw yesterday's pricing, I jumped back in. Today I added more at $1.93/share. I will continue to add more at any price below $2.00/share - irregardless of my over-all portfolio, this is just 'stupid cheap' and cannot be passed up.

        Is $50/share possible in 5-7 years? I think in 3-5 years it will hit that level, and in 5-7 years I see this approaching $100/share IF it is not bought out by then. Personally I think a buyer will jump in and pay a nice premium for this company within the next 5 years.

        I believe we will see more and more applications for scaffolding above and beyond SCI, and this will make things all the more interesting; my stock pricing thoughts above are solely based on SCI and if other applications become possible then my thoughts will move even further north.

        Joe Springer is an idiot and his keyboard should be taken away, but hey - I have him to thank for giving me another buying opportunity!

        Sentiment: Strong Buy

1.42+0.16(+12.70%)Dec 19 3:59 PMEST

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