Value matters. Value takes into account, future earning, earning potential, likely hood of FDA approval, partnership deals, buyout potential.
For someone like you, this is beyond your comprehension.
I don't disagree, but I could equally see a rally to over $7.50 by option expiration on April 19, and take out all those shares.
Normally i sell some shares on these rallies to lock in profit. But with this stock I have been selling calls. i just got 40 cents on the April calls, $10 strike price.
This long time investor has used this rally to get off margin (which i expect many people who loaded up in the 4's did). On top of that i sold the April 7.50 calls for .80 on 20% of my position.
You sold early, it hurts, get over it!