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Message: Re: warrants overhang
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Oct 29, 2020 01:30PM
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Oct 29, 2020 01:55PM
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Oct 29, 2020 02:00PM
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Oct 29, 2020 02:04PM

I believe that buyers are very reluctant to put money into startup or pre-revenue type stocks right now. I personally have had to take a big loss on a stock that I thought, without COVID-19, would have taken off. The economics suggests that these stocks are very vulnerable right now. That is not to say that I think we are in any trouble. If I wasn't already invested deeply in Poet, I would never know about it because I am not looking for this type of stock right now. The warrant overhang is far less an issue than the economic noise!

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Oct 29, 2020 07:50PM
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