/biz/ - Business & Finance

A lot of people are saying they want to wait for ONTX to recover. I would advise against not taking profit or cutting losses now. After such a rally, how many people do you think bought in at .60 or more? People will be ready to sell as soon as it climbs to just break even. People will be much less trusting of a second rally and will sell much earlier especially so soon when the next conferences are just days away. ONTX which is in danger of delisting in June would put their best foot forward, not save the best for last. The good news is priced in, so to speak. Look at PTI or AMRN which had a very similar situation in December. Both of them keep dwindling down and people holding keep losing. This isn't about the company being good, it's about the company making money. What is going to happen is 6 months to a year from now, people will be buying in at half the current price when it is time to run up again, and maybe then is when the big break happens. But until then, your money will be bleeding. This is just my advice, but consider thinking about it.