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I have a position in ten biotech stocks. Over the last two days all have been green but one. Guess the ticker.
partnership or buyout? How's that? On what data? Six super-responders whose "response" is still trying to be understood by the company? Give me a break! Stock price, I am realizing, is where it is because it shouldn't be anywhere else.
Just ask the board, they'll tell you.
Agreed. What troubles me is that the Street, with the supposed upcoming commencement of one trial, has not bet on expectations. Troubling, if you ask me. Looks like shorts are the only ones taking a position.
No way. I'm done. I would never "load up" if it dropped into the 2s. Let someone else hold up the bottom.
Every day we're getting closer to my pre-split entry. What a clown show? How's everyone feeling about the share price? Well, I have news for you: no news is bad news, and we will probably see 2s before we see 4s. Brilliant, Missling, brilliant.
Agreed. Before all of this overpromise/underdeliveredness, he was touted as a financial whiz kid. Now he's also a brilliant manager. By all accounts, he has failed. He made many promised he has not delivered, including data read-outs, trial commencements, and data analysis (can you still believe they haven't finished mining data? Remember when we used to talk about Ariana and how long it would take to finish the analysis? Optimists were saying 6 months max). And now we're headed into 2018. From 14 to 3. Brilliant, brilliant.
Look, it's very simple:
November 3, 2015: 14.33 close
December 29, 2017: 3.34 close
I don't know what share price reality you live in, but in mine, from the initial Phase 2a data read-out to the overpromised/underdelivered present, it's free-fall cruel.
Let's put it another way. Multiply the number of shares you hold by the close in November 2015 and the close in December 2017. That, my good retail investor, is an 80'% fall. But, heck, look on the bright side: 20% more and you'll fall no more.
Deep dive that I've predicted? Hasn't it gone down far enough? How short is your memory? In one year more than 50%. My first prediction was 3.30--hit it. Deep dive!
What do I think? Sneaky accumulation by institutions. LOL!
How many trials were going to start up in 2017 again? Brilliant, Missling, brilliant.
silly even arguing what the reason is. It's simple: Misslling has not followed through on his promises. You can only wear no clothes for so long.
No way, Scott. There are no sellers. Some people have been telling the board this, from 6.30. Just gets a 50% haircut is all. Nothing to see here.
For all of you stock option readers: haven't you learned anything? Need I refresh your memory? 375.
I made my money buying pre-split, following a wiser investor than me, who made a quick million buying 100,000 shares at .27 before first read-out and then selling around 12.00, if my memory serves me well. My price average was a bit higher, and the number of shares a lot lower. What I am trying to say is, if we see 2s over the next few weeks, we are getting a lot closer to my initial price average--I forget what it was, exactly, and I will load up. Will lightning strike twice in the same place? Probably not.
financial whiz Missling sure knows how to create value, geez. Most of us, I bet, are underwater, but few of us are willing to admit that we aren't happy with the management of the company. We are going to hit 2s. Last time we were that low was July, 2015. Two and half years ago. Amazing. What a man! I hope everything feels fine with their investment. I don't.
So I'll wait.
Put it this way: without any news, it's more like to go down than up. And as it goes down, retail will panic; hence, the break.
added.
Open-label trial. Means there will be periodic data updates.
F1ash,
Once again, you continue to make sense sorely lacked elsewhere. Keep up the good work. Message boards need to ask more questions. It's healthy.
You're splitting hairs. We ALL expected at least one trial to start in 2017, and Missling created that expectation. Is it a lie? Probably not. But it sure does reflect lack of managerial skills.
Of course it is. A man, whatever man, when he says something, must be judged by his word, and if he doesn't keep it, the next time he speaks his word should be questioned. ABCs of human behavior.
In 2030, maybe.
What does "Missling" mean? This is too funny.
Just for the hell of it, after writing the word "Kant" in my previous post, it occurred to me to look up the meaning of "Missling" in German.
Misslingen noun Misslingen (das)
failure, lack of success, miscarriage, failure to achieve the intended outcome
I like the last one. Failure to achieve the intended outcome.
Just playing around, guys. Don't take me seriously.
Sorry to hear that. Understandable the disappointment.