Have to admit you saw the decline in PPS well ahead than most of us. Also it takes some guts to close out from a position which one has been attached to for some time, so I give you props for that. Looking at recent price decline and no updates on the horizon, another dilution and further PPS drop don't seem out of the question as you have predicted. Just my objective acknowledgment of your observations thus far. If I have been defensive in the past, I'd like to apologize.
Having said that, I'd also ask you to objectively consider this parallel that I'm going to make. This is in regards to your reference to ONCS and Punit as scamsters. I don't think that's true and objective but I'll let you be the judge of that. I think ONCS is just going thru a $hi**y phase that many bios at its stage do. Let's take for example that RNAi company that works on the anti-scarring drug. It had a similar, actually much worse PPS erosion than ONCS ($6+ to .30s), smaller trials than ONCS and delays due to adjustment of dosing regimen. Also several million new shares were issued below a dollar. But, you didn't care about any of this and question why Geert was still a free man. You were, like many of us were, very optimistic about this company. So why all the hate against ONCS? I think capital losses might be the answer which I can understand. I just think it's unfair and subjective to label the CEO or company as a scam. I don't think they are actively trying to screw us lol. But I welcome your projection of how this stock is going to behave given all the variables in play so that new or even existing investors can apply the best strategy as to how to enter or play this stock. Cheers Sal.
