Is it worth it?now, i have little doubts that GAP107b will produce anything but successful trial results.
But that is not the question here.
The way i see it is, GAP has already diluted its shares like a bad cup of tea and still does not have the cash to move on to the next (very expensive) step of clinical trials.
This will keep pounding at the SP and will cause major resistance on "the way up". (and a need for another PP)
Now what i have to ask myself is, IS IT WORTH STAYING WITH GAP UNTIL THE TURN AROUND?
My gut is telling me "Get out, there is more money to be made elsewhere" but my mind cant let the shares go.
I will have to make a decision by Monday.
I feel it was a mistake investing in gap in the first place, I should have realized that the following three things;
1. the high burn rate of the company
2. the high debt
3. and the major dilution that was necessaries to keep the company afloat.
would out weight the good test results and news by a landslide, and would push the SP down like a plunger on a turd in a clogged toilet.
I screwed up, GAP was a BAD BUY. (but could still turn a profit).
(Lesson learned)