Back around 2006/07 Chen and Steinhardt would have paid in the $8-$20 range at today's readjusted RS prices depending on when they started accumulating. Either way it is much higher and I highly doubt they would start selling now.
Thanks, but I do not need a lesson in trading.
For a $2 stock (where I am in), it is not "foolish" - it all depends on your perspective. I will take profits, but not at $3 like it is now. If your portfolio / financial situation requires you to bail with .50 cent gains, your perrogative. I won't move on this until much higher... and if it doesn't move I can always cut my losses (or gains).
Maybe you are being "foolish" by your speculation for a reverse split?
Yes I know that, but it just strikes me that looking six months forward on product lines that have yet to be introduced to the market is risky. Of course, we all know that. TranSwitch has been a minefield for many investors.