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Biotech / Medical : Provectus Pharmaceuticals Inc. -- Ignore unavailable to you. Want to Upgrade?


To: SG who wrote (11616)10/22/2012 2:07:41 PM
From: pincus3 Recommendations  Read Replies (1) | Respond to of 13111
 
It appears to me that the ill-advised IPO has cratered the stock's worth. And really, it's past time to devise exist strategies.



To: SG who wrote (11616)10/23/2012 9:28:49 AM
From: Mammon  Read Replies (1) | Respond to of 13111
 
SG,
I think selling and taking a tax loss wouldn't be a great idea, especially if you don't have a lot of gains to balance it with. They've got to come up with some way to finance the phase III, and whatever that is might raise the stock price. I could not agree more that it would feel satisfying to hit the sell key after last week's debacle, but I think that going for a run when you feel that way would be a more productive use of your time.