Although it has perked up, we are not
really talking about a lot of money
changing hands--I wouldn't be buying
on the chance that it is going to make
a run...seems to me if a person was
going to establish their position, you
would have done it when there was no
interest at all, at 75 cents. Of course,
I thought it was a bargain at 1 1/2, that's
where I started buying in, and also where
my wife's shares are sitting at, whoops.
I finished buying at 3/4ths, and my average
is a buck, I'm happy with that--but I don't
know if averaging down really makes a lot
of sense in these types of stocks, it may
be better just to decide, just buy your shares,
and wait--after all, if a couple years from now
Bayer takes them out at $5, we will both be
pretty happy.
I wouldn't have any delusions about how long
it could take for this one to move up someday,
we can make noise and post messages a lot
faster than they can move rhGGF2 into clinical
trials, and once there, we may find out that
remylenation is still decades away, who can
say. Or GGF could do miracles.
A buck a share is a very good price for that dart. |
