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Biotech / Medical : Organovo (ONVO)

ONVO 2.360

-12.6%

Nov 3 3:59 PM EST

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To: Zen Dollar Round who wrote (88)	8/2/2013 4:01:50 PM
From: Trader J	of 171

I SO wanted to dump the position when it hit $8, but I'm really wanting it to be classified as a "long" term hold. Every fiber of my being was saying to sell it and take the triple but I'm holding onto the story and my hope for this play. It's not a trading issue for me. I think the next 18 mos. will be critical for the company and if they can use this money wisely, that's fine. I guess I'd rather have the dilution early rather than later in the growth cycle. But I hate seeing it ... even though I know it's the standard dance. 2014 still seems to be the year and their take-out value should carry a VERY nice premium should that ultimately occur due to their patents and lack of competition. It only makes sense but I'd much prefer to see them remain on their own and become the next big thing. I think they have a chance of being somewhere in between a major player and the next big thing.

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