GREY:ATBPF - Post by User
Comment by
TheMadMonkon Apr 08, 2022 6:14pm
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Post# 34589494
RE:Need Some Good News
RE:Need Some Good News Dusty,
It does not matter if the price is 80 cents, 50 cents, or $1.80. This is not the type of stock you should be trading for a profit of a few pennies; the volume and market cap are way too low. One investor moving in or one investor moving out can cause huge swings in the price in either direction. If you want to trade buy Google or an oil stock on a dip and turn around and flip it for a small profit (IMO). This is a "Swing for the Fences" kind of stock, you are going to hit a homerun or go down swinging. If just one of their drugs get approved by the FDA you have a company that is worth over a billion dollars, if not you will be diluted into the abyss. If you believe in the science, buy what you can afford to loose and put it away for a couple of years. Personally, I look at it as an end of 2025 or spring of 2026 story, hopefully I will be retiring then. If you watch every penny up and down, you probably won't survive until 2025 or 2026. I kind of hope that we get back below 70 cents so I can buy some more, not that I need any more but below 70, I have a hard time resisting. Just my opinion which is only worth what you paid for it.