Hi Sten - re: ABGX & CEGE, such is arbitrage! Long CEGE and short ABGX, when the latter falls, close out the former as it was used as an hedge.
If you are holding CEGE with cost basis above the current level [me too, a lot higher, unfortunately,] then you, like me, are a late comer. I do not blame people who have been holding CEGE for a period of one year or more to sell out to protect their profit. We are caught in the changing of guards. Therefore, IMHO, there is nothing wrong with this company. One does have to hang on to the shares for a duration. Expecting otherwise is simply not realistic, no matter how promising the technologies. Just my personal opinion
best, Bosco |
