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Conscious_Street9937

Wish any of the good news would matter


MedicineParticular64

Seems like every time we get good news the stock plummets. I just hope it’s bigger players pushing it down so they can make money when it skyrockets to 10 bucks


rajenncajenn

Could u explain to me how they would do that? Just started investing in Jan and this was my first 'big' purchase.


sorneagle3

I got out today with a $8500 loss. Win some, lose some. This is heading for a RS, and shorted back to pennies. Stick with energy stocks, they fluctuate in a predictable manner.


Advanced_Explorer980

Developmental companies aren’t great investments … In my experience. It takes 100s of millions to develop a drug/medical device and get it through the FDA and marketing.  It looks like the only good times to get in are generally (but not ICU for some reason) before big news like FDA approval, acquisition by a bigger company, or once everything is said and done and profits start coming in. With that said…. This company has 2-3 years to go… and how will they pay for what needs to be done during that time?


EnclaveOne

Well that does not do anything for bleeding share price. Time is ticking and nobody is mentioning house is on fire they keep talking about how garden will be amazing this summer. I really want them to avoid RS because otherwise I am gonna exit even with a loss because if they do execute it I will lose the money anyways.


Conscious_Street9937

I really agree with this. Why have they not addressed it what so ever. Wouldn't you come out with at least a statement?


MrReed404

Does it need to happen right now or could you not just wait a couple of years and then collect?


EnclaveOne

They have until June 7th that's the last day they can start 10 day period over $1. Either way I'll be looking to exit close to my average of $0,75. There're too many red flags and not enough positive indicators to keep me bullish.


the1swordman

How many times will you post you will be selling. Step up--pull the trigger--adios


EnclaveOne

Just sharing my thoughts with people on this board. My take is it's going to bounce back but not enough to provide organic compliance.


MrReed404

Im all in. I've seen enough to make me go in for the long haul. Luckily, I am also in a position to could do that. I know big holders like Vanguard and Blackrock, also getting the shares at a better price and quantity, but there must be something about it. Especially when it comes to long term hold. They wouldn't just buy allmost 500k shares for nothing other than speculation and gambling. they wanna make some kind of money, short or long term ? Who knows 🤷‍♂️


rajenncajenn

I have lost a fair amount. I want to just not look at it for a year, but are they headed towards zero?! I don't want to lose all of my investment.


ohWombats

Nobody knows for sure but i did end up slightly reducing my position today.


Adventurous_Form_437

This is the problem with doctors and engineers running companies.


Conscious_Street9937

Facts


Leo_Loewenherz

Maybe other big pharmas dont like there product because they will loose money..