SweetMircha (72.77)

CPIX - Bear Pitch

October 29, 2009 – Comments (0) | RELATED TICKERS: KV-A , MRK , PFE

I'm very unimpressed with Cumberland Pharmaceutical's IPO.  The price has plummeted already. I've bought shares days after it opened its position and have bought more when the price dropped a couple of times.  Now I fear that I may have made a very wrong decision in purchasing too much of its shares too quickly before seeing  where its IPO would lead to. My dumb mistake is costly even more so since its been a margin purchase all along.  Live and learn the hard expensive way.

Any thoughts about what might happen to CPIX for the future?

I own shares of all the tickers listed below plus CNJ:TSX,HRC