That was my mistake for too long with ANX
I tied up 7g's for too long
I sold for a loss of 3g's at $3.50
But could easily buy in again rtight now and have more share than when I started.
After years of failure and making wrong stock decisions I believe I am learning "the game" and mastering the two emotions of the stock trader - greed and fear.
I have made several thousand in the past week with another stock and have invested my ANX funds in this opportiunity as well - already gaining on this money while - those "in love with this stock" have seen their investment dwindle again.
Do NOT fall in love with one stock - if you love the company so much - TRADE it - sell on the rips - buy on the dips.
All my friends on this borard over the past year - if you are still here - I am disappointed - not in you - but the copmpany.
How is what they are doing good for the shareholder?
Yeah MAYBE they will do something years off - but what about right now? Bills can't be paid and money can't be made based on their current actions.
Why do they feel it is OK to "F" the shareholders everytime they appear to have good news?
I loved ANX and didn't want to leave
But I know and learned why I am here - to make money - that is the bottom line - I want to make money. Isn't that why YOU are here - investing money? Making money?
Then this stock should have been sold when it "ripped" based on the news - then if you love them so much - buy back in at the deflated price - that you "knew" was coming?
That is making money in "today's" market.
I did this by "saving" the difference between $3.50 and the pathetic price it is now ... $2.50 and dropping.
How is what they have done good for the shareholders?
It is NOT - that is the answer
It is good for those WITHIN the company - for now - MAYBE for the shareholders in the future.
Hey, here's the deal - Culley just got married - he wants his lovely wife to have a good life - well, that isn't just this year - this is for every year and many years into the future - so I guarantee Culley is going to milk this for as long as he can - at the expense of the shareholder.
I DID lose money here
I am out and do NOT want to invest my money again with a company that has "this" type of attitude.
PS. There are a lot more opportunities out there to make "real" money - look around!
good night sweetie. :D
God grant me the serenity to accept that ANX will tank below .25 cents
Courage to understand that I made a mistake And wisdom to take a loss before it tanks more.
Say it 5 x's and you'll be
"With respect to ANX-514, due to our focus on ANX-188 and our belief that a 400-patient study could be designed to demonstrate improved efficacy compared to Taxotere, currently, we are limiting development activities to animal studies intended to explore ANX-514’s potential to improve upon the efficacy of Taxotere. We do not plan to initiate any clinical studies of ANX-514 in the foreseeable future and we are not making any further significant investment in manufacturing development activities for ANX-514."
Seems the only type of person who could fall in love with anx would be a masochist. The people milking anx over the years at the common shareholders' expense seem to fall on the sadist side of the spectrum. How could one fall in love with a company that has a sadistic bent?
Now, this initial thread is a perfect example of one who has had the "gift of disenchantment".
I'm serious when I say this. Sprfldman84 was another regular who thought ANX made good-sense.
Notice how he states he made the mistake of "falling in love with ANX"?
that question of self was the gift which set him free.
Also... notice how the very next poster "gphuge" goes on to disrespect his choice as if sprfldman was a traitor.
And lastly... notice that gphuge himself has gone the way of the buggy whip; although, gphuge left quietly with his tail between his legs.
The cost of enlightenment can be much... but in Sprfldman's case he sold in the 3-and-a-half dollar range. think how ill he would feel had he continued to hold.
I would be tempted to say that I'll be here warning the next crop of sucker-bait, long after this year's die-hard pumpers are gone. But now, that would be impolite. So I won't.