Anybody who is still on the fence here, or perhaps they are unsure about doubling their investment at this level, here is an article that came out yesterday. time to load up is nearing an end. hourly chart suggests a price reversal in the next few trading hours.
~This is mentalchemist's vanity press release in Seeking Alpo.
~Anyone can sign-up and post whatever they wish on Alpo.
~So, its bias is that of the writer who wishes to pump any stock they own on a place other than YAHOO message boards. (they may also bash if they hold a short position)
~ "A potential ten bagger".... yeah, I suppose. Sure would like to see this myself.
Unfortunately, it has, up till this point proven itself a "deep-sixer".
Sorry about my continued skepticism. .....I mean, Go MSTX, GO!
Based on the information you have advertised about yourself it would seem you are incapable of proper analysis of due diligence. Maybe you are an incompetent investor. When you lose on an investment it is your fault. Not the company's fault that you bought stock in. Timing is everything in the stock market. Buying low and selling high. In Biotechs you should know better than to invest in a company that is in danger of a reverse split, or an ATM dilution. If you are a bag holder in MSTX then it is because you missed the signals.
The signals today are that it has bottomed. No possibility of a reverse split, or an ATM dilution beyond the already approved warrants as it has already all happened causing the PPS to bottom.
Like all development stage biotechs there is a time to get in and a time to get out. You obviously missed the signals to exit and that is why you are a disgruntled bag holder.
I have no love for MSTX the company. I have zero concern if MST-188 is a success, or a failure. My only concern is capitalizing on the profit as investors pour in to gamble that MST-188 will be approved. They always do. Biotechs are catalyst driven gambles. No different than going to a casino really. That is just the way of biotechs. I will be long gone before they spend all that cash they just got. I will be long gone before they get a Complete Response Letter, or an approval from the FDA.
Sounds like you gambled on the last drug being approved by the FDA and now you are a sore loser.
I am betting on the same horse that the "Who's Who" of institutional Investment firms are betting on and I got in at less than they paid.