written by reader MCRB — Stay or Go?

By BigBrain, August 14, 2020

I’ve been following MCRB for 5 years. Bought a big postion @ $5.00, once the company announced the beginning of the phase III trial. I’ve not see any strong support here for MCRB, but I sure am glad I hung in there for the big announcement of a successful phase III trial. Stock rocketed up after the announcementon Mon to $33, and has now settled down to ~$27. I have limited knowledge re what to plan for now: sell or hold through the uphill FDA slog? Any thoughts?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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sandmann
sandmann
1 month ago

Just a thought, but sell enough shares to recoup your initial investment (@$25 repays 5 shares @$5) so selling 100 shares returns 500 shares of initial investment. And let the rest ride, allowing the profits to earn more!

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