Too many times, I have purchased this stock over the last year...

Too many times, I have purchased this stock over the last year thinking I was smart averaging down my holding ... and am about to do it again ... Let me know what you think.

The market overall, including analysts and other related institutions, has acknowledged that this stock is very cheap, based on: 1/the market they target 2/the fact that they are in the middle of Phase III stage 3/ they have $90m in the bank with a market cap of $120.

Looking at the chart, the support line at around $1.30 looks quite solid so downside risks are limited.

So what should I do ? going ahead today ? wait for a little while to make sure the trend is up ?