TRADING 101When a position swings VIOLENTLY against you, sell half your position after a sudden 10% loss. Something is up.
If it goes down another 10% in short order, sell half your position again. You've now taken 75% of your position off the table and you're waiting to see if the situation will stabilize.
In this case, NOTHING NEW here means: we make no profit and will continue to burn tens of millions of your money. you own MAYBE SOME DAY we will sell plasma for billion$. Maybe some day they will sell magic beans for billion$.
I'd take some money off the table and wait for some SMART MONEY to take a position in this obvious bargain. I suggested a fellow with over $600 million to invest who lives really close to prometic head offices.