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Re: Virgilio post# 2795

Thursday, 06/23/2016 2:52:52 PM

Thursday, June 23, 2016 2:52:52 PM

Post# of 3108
Virgilio, I assume that people paid to do jobs generally do them. I have never known and never will know where companies I invest in are going to get financing... and am perfectly comfortable with that lack of knowledge. You, apparently, are not. If CLBS is unable to secure financing to go forwards it will only be for one reason; no one is willing to take a gamble on them and have no faith in their future. If that is the case, then my own gamble will have proven to be unwise... and it won't be the first or the last time I make a mistake. However, I'm willing to wait and see them through the 18 cohort and make another decision then. As I said, it's a casino. There are no sure bets, and worrying about other peoples jobs and problems doesn't interest me.

However, look at it this way; IF they get to a good result with the small Sanford group, IMO you're looking at a 50-150% over the current price. I'm happy with that return against a potential 10-20% drop. Again, you don't see it that way... no problem. Take your chips and go to another table. Admit it or not, we're all on the outside looking in, regardless of the name of the company.

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