Thinking about selling other holdings and plowing everything into MACK
That's right. I own ACRX, ACAD,OXBT. I am thinking about selling all of those
and plowing the full $47,000 into MACK. I love how MACK performs. A steady, slow
upward trend. OXBT is too explosive and volatile and has caused my ulcer to return.
ACAD was a recommendation of Cramer's and I lost on that trade.
You purchase ACAD at a crazy time in history . . . Cramer said buy and then said sell a week and a half later. ACAD has been big, but the future is a guaranteed monster. It will easily be 4-5x what it trades at in 18-24 mo. I love MACK as well. Diversification is always important. Look at CHTP and do your own DD.
OXBT will be fine if you have the patience. ACAD is overpriced, I owned it when it was .70 cents and sold under $10.00. ACRX I have no clue about. MACK is underpriced, you have less risk until you reach 10-16 dollars, then as you add more the risk goes up. TOO MUCH MONEY, TOO MUCH IN THE PIPELINE AND TOO NEW TO THE IPO. The company is set for a major spike up and I mean "MAJOR".