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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: DetectiveT who wrote (131370)9/23/2008 12:29:18 PM
From: jennifersilversun  Read Replies (1) | Respond to of 313533
 
OSU is now trading at about .23. I'm actually thinking of throwing in the towel on it before it goes to .15. My guess is the price drop is anticipating an extremely disappointing report.

I sold half of my holdings on this stock when it was about 1.08, and then again at.79. Then I added at .30 and .40.

Lesson to self: when stock consistently displays erratic price action, preceeding news that shows insiders are pricing in imminent news release, get out -- especially when price drops, as there is usually a funnymental reason for it.

But I'd be interested in hearing why you think it's still a good investment.