Re: Deal Closing?
in response to
by
posted on
May 29, 2019 07:59AM
hummm,,I think we all agree this PO financing is allowing the last of those sideline investors the oppportunity to get in all the while also attempting to pay down obligations and perhaps build up a kitty to carry the flag forward on the other trials.....there are only so many willing to enter such a investment prior to extremely important results. Gamblers all at best hold shares prior to results!!
The smart investors imo will remain content and well rested on the sidelines, and continue out of the line of fire, understanding that this Company and the science is only in its infancy,,&,,,knowing full well the real money is well past BoM results.
The anxiety expressed in posts these past weeks point to holders who are very nervous ,,,,investing in biotech is certainly not for the faint of heart,,,,,,,the financing is a very bearish move prior to results,,we all know it,,,,but yet it is a conservative gesture having good longer term business sense,,,,, no analyst or stock guru or other knows what the share price will be down the road,,no one!,,it will either be a run up or a run down or a ceiling at the $4 mark,,only sentiment will determine share price prior to results which means nothing long term!,,,,jmo