Has the GHI fundamental story changed from 4 or 5 months ago?
Then for an investor in this company, ther is no reason to worry. A trader may regret not having taking profits, but I'm sure investors will be happily rewarded over time.
No one was complaining here a few months ago, or last year for that matter, when the overall market was in shambles but GHDX was hitting highs. This is a high-quality biotech company. In a bad market, money flows into quality names that can dependably deliver. When a crappy market bottoms and turns up, money tends to come out of quality stocks and find its way into beaten lower quality names.
I'm speaking in general terms here, but the fact of the matter is....the science has NOT changed. GHI is executing its business plan on schedule....growing revenues, expanding sales force, growing international presence, reducing losses....getting closer to profits.....expanding its product line.
Extremely few stocks always outperform the market. Most will go through periods of underperformance and outperformance. GHDX just outperformed the market through a brutal market and its now underperforming through the recovery.
At some point in the future, money will rotate back into this stock...as long as the science is strong....and the rewards from these levels will be huge.
Don't follow the stock price....follow the science....this is great science.