what a great day for biota stock holders, page-26

Intuition et al,

Hang in there.

We need to hear both sides of the story - unfortunately the share price hasn't panned out as the "optimists" were hoping. Would have been great if we all sold out at $3-40 and were now buying back at $1-14.

Unfortunately, that's the sharemarket.

If as individuals we are going to come out ahead (remember 80% lose, 10% break even and only 10% make a profit) then we have to listen to all the views, digest them and try and incorporate the good advice into our own strategies.

Very difficult when we have fallen in love with Biota and the share price has tanked (a hard lesson to earn).

At $1-14 Biota is a much better buy (less risk) than at $3-40. It doesn't mean that it won't drop below $1 but it is definitively oversold at the moment. A lot depends on the general market over the coming days and weeks.

From my observations most posters on Hot Copper are willing to share their experiences and benefit from the wisdom of others,

Good Luck and DYOR

Regards
Kangaroo1