InMed Pharmaceuticals Inc (INM): Flair09, you may not have too much exper...

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InMed Pharmaceuticals Inc (INM)

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Re: Flair09 post# 3215

Sunday, 10/15/2017 9:18:01 AM

Sunday, October 15, 2017 9:18:01 AM

Flair09, you may not have too much experience in biotech stocks . No one invests in biotech for their cash, but cash is No.1 important issue. If burn rate too high company neeeds to sell stock ( dilution) and it will immediate affect the stock price. In 2-4 year not consider other factors, only dilution couple of times, the stock you hold could only worth less than 50% of original value if not significant less.

I am not saying this will be the case here but it happened all the time especially for small biotech stocks.

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