Started buying in 2008, my low buy-in's $1.27 back in 2009 and every significant dip since then up to $10.12.....Averaged in at $4.82. I got a margin call after the first FDA go round, was in Alaska on vacation without computer access. They only got 600 shares from me, the rest was paid without margin money.
Laid out a share sell plan last Sunday for ARNA, It's about 30% of my portfolio in value. At $13.50 I will start selling small lots of 200 to 500 shares, and every $1.50 jump up to $20, keeping half my shares to 2015 or a buyout.
I have bought all over the place, as low as 1.90 and as high as 10 a share. I have every single share I bought from 2 plus years ago, and I don't have plenty I have to much and need to sell some off to reduce exposure. But will not do that until this stock starts selling for fair/reasonable valuations based on its potential.
I am a lot like you in that I have bought from 1.80 to $10 or higher, have bought and sold, best profit day I had was taking some profit after adcom vote. Now, If I done the same thing the day of approval, I would have about $15,000 more dollars in my account.Who would have thought we would be sitting here in March 2012 waiting to get sales started. I recall hearing last year that Obama told FDA to speed up approval process, looks like he needs to tell them to speed up post approval also. This long wait is rediculous, and people dying of obesity related diseases every day.