First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I previously predicted you should shorten $MBIO at $4.02. That was too conservative a bit, but you could have invested in higher growth stocks between then and now, as the most important thing is growth in the shortest time periods. If you had a chance of growing at $0.22+ per share vs. comparatively being able to grow at $0.25+ per share at the same time period, what would you pick? Now, I am saying it is worth it to some (who may not want to diversify in the types of stocks I'm diversifying now) to get $MBIO as a not too risky pick and set it at a $5 sell-off target. Resistance will be there, but the volatility may not be as bad compared to other stocks of similar cap and price in the market. That being said, I rather invest in some other stocks besides this given my risk tolerance and appetite for higher growth periodicals.
