Our CEO i.e. the originator, leader and implementator of the strategy that GNBT is now built on is in the Hospital??? How is it nobody here knew about this? I'll bet the MM's knew and that may well explain the PPS weakness. He obviously cannot be at the ASM. Not good for the stock in the near term.
I had to take a little off the table and eat the loss. When GNBT gets back on an up-trend I'll be buying it and more back.
I still own a boat load and am under-water in the six figures on the remaining position so please don't take this as a negative. Discipline is what I try to focus on.
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