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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0697-0.4%Nov 24 3:55 PM EST

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To: shoes28 who wrote (11546)10/3/2012 8:18:52 PM
From: LT2011  Read Replies (1) of 13111
 
Pincus no need to sell now it's too late and besides if the stock was to turn around any time soon you'll kick yourself silly forever.

Things to think about: 1) Dr. Wacheter exercised over $2,000,000 in stock options with a weighted average of $1. At today's current SP he's down about $800,000. If anybody is motivated to turn this ship around he's your man. 2) management still has a boatload of stock options left with an approx weighted average of 95 cents 3) then there's a boatload and I mean a big boat of warrants coming due within the next 12-24 months. I believe it's around $1.12 to $1.15. I could be off a few pennies, but the point is still the same. 4) Revelation Special Situations still owns over 4,000,000 shares with 1,750,000 warrants based on the last SEC filing.

My purpose in this post is that there is an upside coming, I'm just not sure of when or how. Depending on your personal situation and your weighted average cost, now may be the time to develop an exit plan when the stock moves north again.
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