My take on this--worth exactly two cents:
I would suggest that if folks bought this
just for the potential milestone payments,
you are in this for chump change, and there
are plenty of other things to play for that
kind of action.
When I learned of that dividend payout awhile
back, I took some trading gains, cut and ran.
But guess what folks, this thing has a new lease
on life. I buy shares for investing AND more for
trading--I bought a third today as soon as the
dumping momentum slowed, another third when it was
even cheaper a little later, and if it sells off
some more in the next week I'll do a little bottom-
fishing for a final third-of-a-position with which
to trade. If the whole lot ends up off 20% I dump
two-thirds, at least that is my rule, sometimes
I don't stick to the stop losses.
So far this year only the trading has paid off,
but I'm sitting on ten micro and small cap biotech
stocks and any of them could pop at any time.
Gosh I sure hope so anyway, I'd hate to think the
only way to make money is daytrade.
cnsi is one of three neuros which are very interesting
to me, but sure...it has a very good chance of just fizzling
out and going to zero over the next few years.
But...this deal gives investors a reason again
to own shares in this. If you want to double your money
overnight, too late--that action was already played
by the pump and dumpers--hell, if I'd known of the
news on friday I've had played it that way too.
No, you buy a thing like cnsi because you know that
a few of these in your collection will pay out more
than enough to cover the ones that go to zero. What
has changed for cnsi is that the odds are now a little
more in your favor. I'll take it!
Oh, if anybody should care, my other two neuros are
sibi and ntii. I expect one of these three to pay off
handsomely, ten-bagger style as they say, one will just
tread water, and one will go out of business. I've no
freakin idea which will do what.
--Mike |
