This company will be around forever till take over.
Stop lost is a good idea. But stop lost is NOT possible for small cap biotech. It is because the share price is too small that it leaves very little room for a stop lost. My take on this company is if the stock spikes on any good news, it will go the highest $5. And as in any small cap biotech, the stock price moves based on emotion. Not on technical. So, I don't think it is possible to perform stastical analysis on small cap biotech. And not unless you are a professional trader, trading small cap biotech is almost impossible. So, for the normal investor like me who has a full time job and who has a life, I would rather pick biotech that has a long pipeline. I will have more chances of getting lucky if there are a lot of drugs on the pipeline. For me,investing in biotech is the same as playing Roulette. Each of those drugs on the pipeline is a Roulette bet.