Hope you put in a stop. Wouldn't want to lose anything more than a dime. Remember protecting from big losses is the most important thing in investing right after staying away from OCAT.
No forked tongue just not naive. Have one Roth pretty much dedicated to this stock and if it goes up a lot I win the lottery without taxes. Made the mistake of adding a little of this to my trading account in the 6.40 range and did not put in my normal 3% trailing stop. Corrected that mistake just now. Let's see if they come to "steal" my shares. If I get stopped out I'll use it for a downpayment on a car I'm having built and will receive by the end of July. Always looking to make a positive out of a negative.
I think the good Drs. are done their selling (actually they probably unloaded around 7). It will be a while before they sell again probably in a week or two after a little pump.
I think listening between the lines that they are going to concentrate on eye therapies only and partner out anything else to get enough money to survive.
Not expecting it but if this thing falls to that point I am OUT. Controlling losses is a key in staying alive in this business.
Based on recent experienced I expected this kind of speech and this kind of market reaction. Buying a little here and maybe more under 6. Maybe stop loss at 5.50. If it can't at least hold that I'm out.
Will not have to wait that long since Lanza and the others probably will have to pay their quarterly taxes by the end of June you can bet this will take a little bump before that.
Games are already being played. The pros will crush the little guys yet again today. The buyers above 7 are already scratching their heads wondering what hit them.
Days of quiet desperation are the hallmark of OCAT. It will pop to 7 or 8 as soon as you sell and drop back to 6 if you buy at 7 or 8.
Interesting watching one right now trying to build a position without raising the share price too quickly. Pretty tricky with this thinly traded stock.