Saturday, December 06, 2014 1:04:49 PM
Overall I've been following this stock for about a year and I've been invested for much of that time. I spend a lot of my free time researching the company and the technology. And unfortunately I think it's time to sell. I wish it wasn't so but I don't use hope as an investment strategy.
I want to own the stock more than anything. I want to believe in the story. Unfortunately reality might be different. This company has not demonstrated any potential for significant returns until far in the future. As far as I can tell the only hope for significant returns is when they can create organs and this won't happen for many years.
When the company demonstrates that it is more than just a research organization I will own the stock again. If there are customers for their liver tissues then they need to tell investors who have been investing in the company in hopes of returns. Unfortunately I have seen no evidence of significant demand for these tissues. I have seen misleading statements of how great their tissues are in an effort to keep retail investors interested in order fund their research program. Perhaps the reason that we don't hear about any sales or interest in these tissues is because companies really don't see the benefit of using these tissues for testing liver toxicity?
Recent ONVO News
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 09/18/2024 08:05:13 PM
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