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Can we expect this from Dr. Ji or any person on our board?
Delivery Hero CEO apologizes to investors after 30% stock plunge, vows to stay the course
PUBLISHED FRI, FEB 11 20225:53 AM ESTUPDATED 14 MIN AGO
NOPE! I guess an 80% slippery slide doesn't qualify for such communication with we, the peasant masses.
Well, at least I can count on my FREE Biden COVID test kit and crack pipes! RE: Test kit - my wife ordered over 3 weeks ago. No response yet. I'll be anxious to see who made it / where it came from and if even still effective given they can't be left in the cold.
Appreciate your insight 1776. It helps but my patience is still very thin.
Interesting site that Alpha Spread is.
I am debating to liquidate a few items to buy a final batch of SRNE. This is a play money account but it still hurts badly. Your gambling analogy is spot on. You need to know the numbers when making that decision to place more money on the table.
So, assuming we are sitting $24 EOY, do you start pulling money out at this point? If not, when?
I do like idea of a big fish gobbling us up. I owned a stock in early 2000's named Seprecor. It also was a pharma company. Ran over $100 then fell all the way down to sub$10 then to $40's where it was bought by Japanese company. I would love a buy out!
No beer tonite - I decided to have a little 5oz of Ezra Brooks bourbon cream whiskey. I typically chef one up for myself and wife. Have you ever tried? Cheers!
..and if I may add - I wonder why Blackrock would even be interested in SRNE?
A roll of the dice to get a 5 bagger for their investors? Hedge bet son new products and technology? Does their ownership hurt or help our chance of partnership with large bio-firm? just wondering out loud...
2022-02-01 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 409,985,645 shares of Pfizer Inc. (US:PFE). This represents 7.3 percent ownership of the company.
Right there with you Mr. Adawong but I have a few more shares and a huge opportunity cost to my sunk costs over 6 years.
Yup - Make it or Break it.
Jeez 1776 - we are down 80% from our 52 week high and you count on it going down more!?
I'd like to remain positive but holy poo I am pissed and now very very very nervous. Been here 6 years in this thing and ZIP, nothing = never sold a share. My last batch was purchased at $6.80 a year or so ago. I have many many shares.
People on this board said, "...last time we will ever be under $8." I was hoping that would be the case but here we are at $3 buck chuck!
Love the pipeline but its produced nothing but lists, a few trademarks and some sale in Mexico and lots of waiting. At this point I would love for someone to offer us $24/share and be done with this.
No beer for Mr. Chump this evening - not even the cheap stuff.
ABC 10 News Video
Sorrento Therapeutics announced the results of lab tests showing that one of its antibodies far exceeds the viral blocking power of any currently authorized antibody treatment against omicron. The company plans to incorporate the drug in nasal drops.
See video here:
New CFO
This will be interesting - assessing the calibre and pedigree of our new recruit once it happens.
Will we get someone green that did accounting work for a 30 person CNC shop for 5 years in OH or will it be a highend individual swiped from Merck, Eli, Abbott - ??
How easy could it be to pick off a great individual from Abbott, HQ'd in IL - everyone is leaving that state in droves. But then again, so are the people in CA.
Should be interesting when (and IF) the shareholders hear anything.
Too early for a cheap beer but cheers anyway.
Hey Munhoi,
RE: Anyone know if they have manufacturing - I did ping their "contact us" and asked:
1. Do they have manufacturing in the USA
2. If so, where?
Good info tonite. Can this be beginning fo something good for us?
Cheers, Andecker
Yes! - good call Munhoi. I vote for a buyout. End this. We will be sub $4 soon at this rate.
I daydreamed today that we were a gaming company for some reason.
Cheers all.
Meanwhile, out first three products items in our "we have the cure" COVID pipeline haven't been updated in 16 months?
CoviTrace states: FDA Emergency Use Authorization (EUA) Application Expected
What does this even mean? Is someone aggressively waiting for a letter to arrive in the mail?
I wrote our leaders at SRNE and asked them why they haven't added to columns here, to the right of FDA Approval. One showing CE Approved and COREPRIS Approved?
Saw this post today over on stocktwits:
casey3339:
$SRNE (/symbol/SRNE) The are a lot of R_______ (bad word that some could not handle) here that post nonsense about shorts, algos, hedgies, climate change, Casper the Ghost, etc., etc. for the reason that this SP is so low. But the funniest of all are the people who say "I believe in Ji!". Believe in what? The
cure? Or maybe the COVI-SCAM pipeline? This dipshit couldn't sell a cold glass of water to
someone dying of thirst.
Is Casey's point spot on or is it those evil shorts?
Or...who cares now? We've lost 75% since our 52W high of $17. Just taking punches now - looks like we are riding this puppy in to the side of a mountain - yeeeee haaaa! But hey - weren't we up a penny yesterday!?
Hmmm, I wonder who Blackrock wants to be "successful"? They own 7.5% of Abbott - !
The company they own 20mm shares in or 133mm?
Security ABT / Abbott Laboratories
Institution BlackRock Inc.
Latest Disclosed Ownership 133,426,810 shares
Ownership 7.50%
Dia, That was a great story. I was happy to hear the little guy made it.
Thanks for sharing.
"Is SORRENTO dead? Watch it rise and fly in the new year---"
Yes, I hope we both own a phoenix! I have my doubts as you know.
Cool, calm and spot on Ralph Machio! I take paragraphs to try and explain my angst - you do it in a simple sentence. Bravo.
....1776 - you mentioned a HefeWeizen beer - certainly not my cup 'o tea. An odd tasting cloudy beer not for moi. I did do a $2 tapper of Medelo this evening w/ my wife then went to a brew pub. The purpose being to forget what happened to my portfolio today.
Cheers to living on the skids and ruining my family. I wish I was a short - apparently they have all our money right now! Andecker.
Hello Stump,
I have followed your exact purchase pattern. Exactly!!
Started in 2015 in the $7s then bought a bunch more as it bottomed in the $2 afterwards then many times as it would pop to $12 then back to $7 then to $17 then to $6.80 - always accumulated. Never sold a single share. My mistake! Have many, many many 1,000's of shares now.
I appreciate the DD Dia and 1776 and few others present but WOW - I would have thought success would have greeted us by now.I am patient but have heard the same stories over and over; wait until Jan 2019, jan 2020, the lawsuit, look at all the institutions buying, those gosh darned shorts!....
Wish it was different. Things look most bleak just before dawn.
I hope I am wrong too but agree, the past is best predictor of future.
Spot on Mr. gun - but here is the worst part ----
Opportunity cost and precious resources squandered.
SRNE put a set of $2500 dubs on a rusted out 1985 Chevy Caprice worth $500.
Money that could have been spent getting our opioid and cancer offerings across finish line was used ineffectively and 20 months later - we still have nothing.
I guess it is hypocritical for me to say this.
Just as leadership to inept to know when to fold up tent - I was too big of a CHUMP to know I had invested in a company that is as ineffective as their COVID portfolio. Great - we are selling Mexico! No sales #'s, no updates on US manufacturing, no data on selling price to these countries, our covid pipeline on website hasn't even been update in how many months?! 16? 18% of the entire county of Mexico resides in the USA - shouldn't we be focusing on the USA? Biden is spending money like drunken sailor and we still can't ink a deal w/ the FEDS? Why not? 500mm kits being bought!?
Down 10 % after two positive PRs. All I hear is "blame the shorts"!?
I faxed, called and emailed our leadership team (Bill Farley / Alexis in IR) to ask who is in charge of negotiating w/ the FEDs, has this person/team been removed, replaced due to lack of performance, etc. and no response.
We have many (+) posters here and many upset people who are dismayed at our 70%+ fall in s/p.
Question - who is buying here?
Who is holding?
Who has sold?
I am holding but after the piss poor performance last 2 years - I am thinking of adding more!? How much worse can it get?
Merry Christmas!
Having a Coors Banquet beer right now as Packers play the Browns.
I'll follow up w/ a Point Snow Pilot which is a pistachio nut brown ale which my wife got me for Christmas!
Natty Light on ice as I type!
...and to make it worse 1776 - I can't believe our SRNE test kit is not part of the 500 MILLION being bought by our Feds as announced by Joe and I quote "I should not be having this press conference" Biden - just this aftternoon !!
Ironic part - 500MM kits will be financed on a Credit Card and partially financed by the Chinese as they buy our 29 Trillion national debt.
What does Sorrento has to offer for Covid right now? Nothing. It's unfortunate. All of us longs ruined our families and shorts ate our lunch and made all the money! If we do not have an EUA by end of January 2022 - I am thinking we will never have COVID related product. I hope EU and Mexico can buy our Chinese made kits. A lot of them.
A website --- the easiest marketing tool to keep up to date and accurate - but not at SRNE. Or is it??!
In our pipeline page - there has not been a single change in CoviTrace, Stix or Track in over 15+ months?!?! Why is this? Inept? Keeping things “quiet’? No one paying attention to these small details? There is nothing to report? If you read them - they don’t even make sense. Pathetic. Inept. They’ve squandered my money.
https://sorrentotherapeutics.com/research/pipeline/
Hmmm, not much there. Hopefully our NOLs and real estate has more value : )!
Hello Jess,
Yes- GLTA!
Thanks for words of advice, valid observations and calmness - I am glad you did not take my "rants" personally. I do appreciate your advice below along with the DD of Mr's Dia and 1776. I've been here for 66+ months - what's another 10-14?!
I was so excited last year at this time as Investor Place came out with their favorite picks for 2021. Within was SRNE with a very similar review and assessment as Wainwright. $8/share was their buy in.
All this being said - I am still pissed and very anxious we are not $17+ right now. One bad PR and we DOA!
How patient can we be? Wait until next year. Heard this too many times. Alas - this is all we can do I guess other than folding up tent and moving.
Signed, Andecker
Jess - here is the link to what I just referenced:
https://thehill.com/homenews/administration/586695-biden-to-announce-500-million-covid19-at-home-test-buy
From the article:
Rapid tests are in short supply right now amid the demand surge. At the same time, turnaround times for lab-based tests are growing and people are waiting hours in long lines for testing centers.
Supposedly we have a superior test? There is huge demand here in USA! We have a possible customer spending money like a drunk sailor and we can't seal a deal? This is the opposite of success in my opinion that we can't. We should fire our staff that botched this failure.
I saw on Reddit that our person in charge of FDA talks was once an FDA person himself and nit liked by them. Rumor? Perhaps - all I know is if this is the case - we are paying for his poor relationships.
Yup - as you can tell - I am pissed and not happy with my decsion from 2015 to start buying this stock. My fault and I admit it.
I hope I am wrong and we zoom to $50! I'd love to eat some crow and wash it down with a Natty Light!
Go team.
Hi Jesspro,
No - I've never sold a single share. Been here since 2015-6. My last chunk of stock bought was 1k shares at $6.80 thinking, "...these were gift as we would certainly never be under $7 again!" I was snug as they went to $11-12 but then to crash where we are today!
Nope - I am emotionally involved now. Have every single share I've ever bought. I have many shares and we were in exact same spot last yr - 2020 will be great! The opportunity cost of this money sitting for this long irks me. Way back in 2016 - even yahoo finance for 3 years claimed this stock has a 1 year value of $24! It's research nd pipeline on non-opioid and cancer in 2016 was initially why I bought.
To your point Jess - RE: Successful beginnings - biotech are volatile but I'd hope there were be steady successful progress over 6 yr period and we'd reap benefits. I am willing to bet that many companies currently offering at home COVID test kits to public are younger companies than SRNE.
Here's what really going to piss me off today!!!
I just heard on the WIND out of Chicago a 1/2 hr ago that Biden willl be announcing 500 MILLION test kits will be distributed across USA as part of new COVID plan. If this is true and we've got these great products - why are we supplying our kit as part of this mix!? Are you serious - the government blows and wastes money foolishly on anything and everything and we can't get our hands in this boondoggle? Don't we have CE approval and approvals in SA? Why not US? We've had 18 months to get our ducks in a row.
I hope we are part of this 500 Million tests kits announcement??! Will be interesting to hear if we are?
Here's what really scares me (aside from the slide in s/p to current level, not a single approved product here in USA, the dilution of shares, lack of any type of investor outreach, deals that die, CFOs that leave and we scratch our heads, lots of TM's sitting in a drawer somwhere, lawsuit that will NEVER be resolved, , etc. etc.) is we lost 4.92% with what many could construe as being a somewhat positive news release for the company early this AM...
If two words were added from "...has granted clearance to proceed..."
to, "...has NOT BEEN granted clearance to proceed..." we'd be at 2 Buck Chuck right now!!
It will be then that I hope the "company" that offered us $7/share 18 months ago comes a knockin' again.
I just shake my head.
SRNE had no idea we'd get another year of the 'rona - their first 12 months was a bust at trying to get something sold. I would like to think they could repurpose something for our latest 2 variants but the past predicts the future.
Signed, Chump / Andecker
Over the last year - while the s/p has newly aligned its value from a YTD high of $16.xx to it's current level - I feel like an even bigger CHUMP for trusting that something in our non-opioid offerings, our alignments with learned higher institutions, one of our cancer treatments, the lawsuit - anything - could have materialized.
I like the optimism some continue to have (whoop whop to you both 1776 and Dia) - but a we continue to degrade - I can only shrug and hope it reverses.
But alas, we know "hope" is not a strategy. 6 yrs now and ZIP. Too long in this to turn back on it. DOH!
OK 1776 and other astute posters~!
Question for entire group: Why don't we become more aggressive with SRNE and their BOD?
Posting our angst here amongst this captive group does little good IMO. I think most of us are going to ride this out now that are still semi-active here - so why not start contacting company? Bombard board members, send letters, try calling, continually ping the IR person.
They need to know our anger, understand we expect better communication, etc.
When 1776 or Fitzy or others post good points - I print them and FAX so they are sitting in the fax machine. I leave my email and asked to be called, etc. but never hear back.
Just an idea -
Good Morning 1776,
I accumulated most in 2015-16 and kept buying shares on dips to lower avg. cost. Down over 21k today alone as I type. However - my bet is not as large as yours!
I did think I would have been rewarded for patience by now. Blind squirrel as they say. I do not bet such money without expecting some bumps. I understand, we hurry up and wait. Patience is a virtue but I am no longer optimistic. So much in pipeline and not one true victory!? How is this possible?
To your point; "Nothing I have seen says failure it just says, as every R&D project I was ever in, it will be longer than we thought..." Glad to hear that - but I am, however, having flashbacks of Solyndra - lavish accommodations, spending $ gifted to them by taxpayers (aka unearned which may equate to less fiscal responsibility) - all with admirable intentions. In their case, beating back terrible global warming and onslaught of Chinese made solar panels. Our honorable intention is non-opioid pain relief to save lives from OD's then the best Covid product out there to save lives. Are we going to be seeing employees walking Hon chairs out to their cars, pins shoved in screen monitors as they leave in disgust and all our cool test equip. thrown in dumpsters next to unused solar panels? I hope not!
PS: My error - "hear" was correct use "We here we are manufacturing products but no mention of buying facilities"
Go Team...
Hi 1776,
great Great info as usual. Thank you for your DD and sharing with us.
Here is my problem tho - I told my wife just this past week that for the first time, I've lost faith in this stock. PRs come out and s/p goes down, we hear same causes/reasons for the decline - market conditions, settlement, alignments, shorts, institutions, but it just comes down to zero success.
We pin our hope on Monday's meeting? We here we are manufacturing products but no mention of buying facilities, buying equipment? Where I worked - when we built new plant - everyone knew and PRs sent out, states battled for the plant prior to decision. We've had none of that? Is everything coming from the country that got us in to the mess and shipping to Mexico? Is it stuck on container ships? I thought FDA requires our product to be made in USA? Never news on any plants here in the states. No revenue stream.
I am bummed. 50k + shares. Never sold a one since 2016. huge Huge HUGE opportunity cost. Now this keeps me up at nite. Bummer. Sold premium stocks over last 24 months to "buy on SRNE dips". Big mistake.
I keep holding as I am in so long - I am afraid nothing good coming out of Monday and we will be down $1+/share but things are right round corner.
Who offered us $7/share 18 months ago? Tell them they can have it for $11 and sell this war pig.
I hope I eat my words. Inept people running this company. Look at our first products on pipeline - they haven't changed their status in 18 months?! I faxed, emailed and called to ask them to do so.
I am a big chump for holding this piece of poo so long. I know i'll get the "...go away" message/response - but how about this - tell me why you are sticking around and for how long?
Signing off - thanks for listening all. Again, hope I am wrong but past is best predictor of future.
So, our PR today was released at 3:58PM.
Time stamp from PR itself was: October 27, 2021 at 3:58 PM EDT
At 3:28 EST - our s/p peaked at $7.16!
At 3:58 - our s/p had already slipped $6.83.
I wonder who had the tip prior to release?
Nice - this PR release cost us nearly .5 / share in value and was considered kinda "good news"!?
We'd be at $4/share if it was bad news.
I recall EzEY telling me to leave but...
Been here and buying since 2016. As I freed up money - I bought more and more of this warpig.
Last yr at this time our hope was the lawsuit and 1B it would put in our coffers. Wait until Jan!
Then the COVID pipeline. Then Brazil, Then DARPA, Then those crappy shorts...
If we have a 30% run - we will only be at $8.70. We were at $10 in June! Now our hope is pinned to a /sh meeting next month!!? DOH! I doubt I'll be able to sit thru this.
Just bummed this has taken so long for nothing to come to fruition. I've even taken many of the astute comments and rantings from this board, printed and then faxed to Investor relations - forcing someone to have to take pages to "someone" in our IR dept. I've also faxed to our Bill Farley and others to maybe update our COVID pipeline on web, to feed us more info on our lobbyists/ fire them, what happened to our med. school alignments, Darpa, Brazil, what does "application expected" even mean!?!!? and on and on. Not one response, no PPT file, no email or call.
I wonder who offered us $7/share 18 months ago!?!? Did this entity ever exist?
Just plain frustrating. No reward for Andecker tonite.
WOW - Where have you been?
When do you feel SRNE will run?
Will it ever?
Signed, Concerned
Fitzy~!
That was funny - you made me chuckle! You have to admit JessPro - it was kinda funny!
I do care (does this make 3), since 2016 when I made my first buy in this stressful company. Added along the way and never sold a single share. My wife simply shakes her head as I tell her, "...one of these days!" Yup - two positive PR's and we make a nickel.
As I mentioned last week - we are on a VERY thin line right now IMO. If two positive PRs net us a nickel, what will negative news or removal of line items from our pipeline with no explanation or a lawsuit or new CEO gets fired, only 2500 kits sold in Mexico on earnings call....etc., we will head south big time.
Again, I like 1776 and Dia's optimism. Much appreciated!! It keeps me here. Too mentally invested to leave now.
~~Thanks for laugh!
Now, for the important info - I am sure people are wondering, "...how will Andecker celebrate his SRNE windfall we received today?" GREAT question. What are the odds that I have a snowmobile club this evening as global warming hasn't ruin our snow where I live. They have Busch Light on tap! Awesome! When do you ever see that! Cheers!
PS: Will someone at S/H meeting suggest throwing a for sale sign up in front yard!? Best offer over $30/share and we will throw in the picnic tables out back!
I am a few message behind but not sure if people posted this link or not:
https://akuasul.mx/producto/covi-stix-prueba-rapida-de-antigeno-covid-19-caja-con-25-piezas/
Oddly, it takes a good 20-30 seconds for it to load.
I am NO tax expert but since our payout last year will not be realized on our taxes until we close out our position (liquidation final or an individual sells) - do we have to worry about what Mr. Biden is up to?
If this farce gets passed - long term capital gains go up 27%?!
I guess I should have sold my remaining xx,000 shares at 30 cents! Snooze you loose as they say.
I explained this to a friend who just retried as he told me, "...you can afford it." The balls of some people thinking this as I drive around a 2009 Traiblazer.
Odd that senators are voting for it / against it hen they haven't read the bill yet!?
@@@@@@@@@
October 4, 2021
Erica York
Twitter Logo
Under the House Build Back Better Act (BBBA), the United States would tax capital gains at the third-highest top marginal rate among rich nations, averaging nearly 37 percent.
In the U.S., long-term gains currently face a top marginal tax rate of 23.8 percent at the federal level, the result of a maximum 20 percent capital gains tax rate plus a 3.8 percent net investment income tax. The House Build Back Better Act proposal would raise the top rate to 28.8 percent, and on top of that, apply a new 3 percent tax on income of top earners, including capital gains. The resulting 31.8 percent top marginal tax rate would be the highest federal tax rate on capital gains since the 1970s—and above the generally estimated revenue-maximizing rate of 28 percent.
When including state-level policies, the average top marginal combined tax rate on capital gains in the U.S. would rise to 37 percent, up from 29 percent under current law.
Hello Dia and 1776,
Really do appreciate your optimism!
We are sitting on a very thin line right now...Dia, if there is any negative news - anything - on one of the 3 programs you mentioned, we go to $3~!!?
I've am so tired. 5+ years in this pooch. We wait. and wait. Very stupid on my part for not having sold a share ever. The opportunity cost makes me cringe. All this stock has done is tied up a large chunk of my play money - no 64 Corvette for Andecker. No windows for the living room. No new siding - this money is tied up in SRNE! I thought I was so smart.
Now I feel like a chump.
No beer for Andecker tonite. Andecker doesn't deserve one.
1776!
Much appreciated. I'll stay in touch upon both link arrival and how we can possibly combine our efforts with our a collaborative response?
Enjoying a Busch beer this evening - the bouquet is wonderful I might add.
Cheers!
Proxy?
Hello All,
Did people get link from their brokerages or something mailed to their homes for voting shares?
Did I see messages a week or so ago on this?
I've not seen anything show up is why I am asking.
Appreciate any info.
Andecker
Hey 1776,
Sorry board to take this away from discussion on our wonderful SRNE s/p. It appears we are in "intermission" of some sort - nothing on DARPA, ANP, our alignments with learned institutions, why our COVID listing on our pipeline haven't changed in 14 months, what happened to our trials in Brazil, didn't we have some sort of alignment with State of CA?, lots of trademarked terms but alas, we wallow.
So, 1776,
You ask a pertinent question - where do we go if America is gone?
It is amazing what our country does for the world. It gives others hope. How will countries ever get better themselves if its residents just go. "...this place sucks! I am outa here!" Will Mexico ever get better if it's just easier to sneak in to USA?
So - you are correct - we have slide in to soft-communism. Our successful friends are fine getting subsidized ObamaCare then one asks me what I think of his brand new sissy RAV4 hybrid and then has nerve to tell me. "...I can afford it (if Biden raises capital gains tax)!"
We have a little ways to go before we fail 100% as there are still safe/great areas BUT these are slowly turning. Think Denver. What happened there when all the Cali residents moved in? When a home goes up for sale in our neighborhood, in come families from the large metro area 25 min. south of us where crime and quality of life have inversely split. We now have squad cars and EBT accepted signs at many of our stores. Yards go to poo, shades drawn all the time, they fight hard for CRT in our schools...sad.
PS: Nope - I live in the "great" Midwest. Grew up in MI (Flint) until 11 then moved to WI.
Cheers!
1776, I appreciate your insight on SRNE in addition, your understanding of the dire situation our nation faces on so many fronts.
I went to a once great Jesuit high school.
What you reference below is a theory we studied called "The Lifeboat Theory".
In short - how many people can you pull in to your boat before you sink yourself.
We are taking in more water right now than we are able to bail out.
Time to call a social worker!
Hi EzyE,
A month or so ago - I had posted my concerns about opportunity cost of chasing COVID cures and other items that were negative in their nature - I am an investor in SRNE since 2016. I have many many shares. I've seen all the posts about it being the shorts, we will hear something in December (2019), wait until next quarter, we will hear about the settlement by August (2020), Brazil results any day, UPS pilots, videos of manufacturing showing cove-stix, Darpa details coming soon, ANP details will give us a boost, numerous trademarks, etc. etc.
You said the same to me - can't recall exact phrase or other but to go away or such.
Couple posters came to my defense which I appreciated, stating this is not a cheerleader board but a board to post concerns, questions, observations, bits of news and such.
I recall you saying - we will be $100 by EOY?
My question to you at the time was - how do you think we will achieve this?
I really like the optimism and would absolutely LOVE this to happen.
What are your thoughts on this now? Will we still achieve this? What is your inside scoop? Or is it jus a feeling based on recent news releases?
I feel I need to be here since I get a sense of this s/p direction in addition to great instill from the likes of dia and 1776 but appreciate all points of view.
My thought! Throw a for sale sign up on front lawn and put an ad on craigslist! Best offer!
Cheers ALL!
Wondering what malted beverage would cause me to have such an odd post? Well, it was 2 Miller Highlife beers and an old classic reborn as a craft vintage - Drewrys!
WOW - where have you been?
Sorry Syncora board but would like to ask WOW for advice on different stock...
RE: SRNE - what is your insight on current price?
Will they EVER get anything across the finish line?
In 15 yrs, they've got nothing.
Are you holding, buying more?
I feel their COVID is big swing and miss. This cost them time and money - opportunity cost as they moved other products to back burner while again, nothing crosses finish line to set up rev. stream.
No news on ANP purchase, Brazil trials, DARPA, how many units sold in Mexico, official update on lawsuit, etc. We do have a lot of cool TMs now!
I've been in since 2016. I have a huge opportunity cost here also but I've been here too long to give up now and I do know they have quite a pipeline!
So - when do you think things will begin to happen?
By EOY? When do you think we will be over $50? 2025?
I am getting very anxious which is not good for investing.
Thank for any input - Andecker
Hello Low,
What are your suspicions?
Are you adding or selling or maintaining?
Cheers, Andecker
Jesspro,
I could not agree more.
Here in the Milwaukee (AKA: Chicago Jr.) we have an annual event called Summerfest.
It is a world famous concert event for 11 days and can attract 700,000 to almost 1mm people over the length of event! It is held on Milwaukee's lake MI shoreline - it is a great venue and event. My wife LOVES it!
It was announced this week that in order to go this year, you need to show proof of vaccine OR take a COVID test and prove negative within 3 days of event.
ALL I could think is where in SRNE?!?! This sort of demand is happening everywhere and no where can SRNE products be found. Summerfest even offers residual opportunities - where many people go multiple times during the event and if not vaccinated will need multiple tests!
My wife said she'll be going to Walgreens for their test. Probably a couple times.
I might add:
Funny and sad - it is now harder to go to a concert in the USA than it is to invade our country on its southern boarder. Hmmmm.