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Lpath Inc. Message Board

  • rdessell@ymail.com rdessell Oct 1, 2013 11:38 AM Flag

    Price Drop

    This is a very low volume traded issue so anyone person that unloads more then a few thousand shares can effectively cause the price of this stock to drop by a considerable amount, but that being said you don't want to micro manage a bio tech. Only invest enough so you can afford to maintain your position long-term and hold on. Don't make the same mistake that I did with ACAD last year when I sold out 2200 shares at 1.80 after purchasing them for $1.25 only a few months prior. ACAD now trades over $27.00 per share. The same thing can happen here.

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