I want to be open and honest with my trading in IDPH stock on the thread and you are correct that I have supported this stock long and hard.
Let me say that I have heard nothing which would lead me to believe there is any problem whatsoever with C2B8. On the merits of this product alone, holding this issue could be quite profitable and I re-emphasize that my leaving the stock at this time shouldn't be thought of as meaning there is some sort of imminent disaster afoot.
I did hear however, from someone whose opinion I am not accustomed to questioning, that there may be some concern with CE9.1. This man is a well-respected rheumatolgist among other pertinent things.
This concern would go a very long way to explain the actions of some of the selling parties as of late. I emphasize however, that connecting the two (the recent selling and the concern I have heard), is a conclusion I arrived at myself.
I realize this does not give you much to go on but I am not an a position to elucidate any further on this except to say that (as I have already pointed out) the stock may do quite well without me as often things one assumes might be damaging do not surface in the way one thinks they might or these things do not have the impact one assumes they could. Also, I have done well in the stock market by trusting my instincts and keeping around myself individuals who are very talented as it concerns market matters. I have to trust my instinct at the moment and say to myself that "if I believe there may be a problem up the road and this problem might lead me not to trust my position in this stock at that time, perhaps the safest thing to do now is to put what I have in this stock into another I am more sure of." This is what I am in the process of doing.
Anyone who were to become unnerved by this might find themselves out of a stock which is moving up. This would be a shame. On the other hand, more likely later than now (if at all) they might be in a stock which has a problem.
I am going to park these funds elsewhere for the time being and watch and I do think the odds are for a good year as far as C2B8 is concerned but I do have other stocks which will also do very well this year and, a feature I very much like, I have heard nothing about them which troubles me as what I have heard here does.
You know I support IDEC and continue to do so and I am always bothered on other threads when a person sells and is immediately bagging the stock or is looked on as a traitor. I know that our thread is not like that and I want to say that, for me, this is just about other opportunities in other stocks I have which, at the moment, I feel safer about as, with IDPH, I believe there may be a bump in the road. I would guess this would be later rather than sooner as I have indicated.
I am simply left uncomfortable at this point and I am dealing with this by shifting some funds. Would you believe me if I told you that, although I have traded out of a stock and seen it rise without me, I have never lost money in any stock?
Matters of opinion only,
BENNETT |
