This stock is a trip to the casino. 10,000 is too big of a bet, unless you're really loaded. I put some away and will hope for a hit and some bragging rights, but I will not be surprised if it's a write off.
It sounds to me that you are looking for instant gratification.. your not losing unless you sell.. the time to buy is when everyone else is in fear and the time sell is when everyone else is buying.. This a long term hold and it looks like you are well positioned. They are looking to upgrade sometime this year. They spoke of it yesterday and they have wrote about it. If anything I would be buying more and I did yesterday. I am down @ an average of $4.03. I putting a buy in for another 500 shares for $3.15. Stay strong. The only losers are day traders..
U are wise...and a very smart person...instant Gratification couldn't have said it better
Staying long ...and strong...i understand that after the re file of 10k and add a few more board members...it will take this Stock to NASDAQ and we can be done with these stupid trades of 100 and 200 shares and see big boys and girls lay down some big money for long term gain..
"You are not losing unless you sell"..huh? Try telling that to your wife that wants you to withdraw some money from your trading account for a vacation but you can't because it's not there anymore since ONVO lost half its value. Or, try explaining to the bank that your net worth is now a lot less than it was but you still want that loan from them you discussed last week based on your financial statement. Where do you think margin calls come from? The loss is there wether you sell or not. If you hold long enough, you may recover your loss...then again it may go to 0. Good luck.