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Wednesday, December 16, 2015 4:46:28 PM
I suspect the timing for the r/s was precisely planned. News anytime in 2015 would be a waste. I think they will release substantial news after the new year when people are looking to invest/reinvest.
I believe a big announcement on positive progress with more than just one drug. I also think substantial financial backing that will see the company through for several years will be announced. But I think this will all happen in very early 2016.
Again, as I stated earlier, getting large positions will be very tough due to the very low outstanding shares and the fact that this stock moves on very little, even the 25k (pre-spilt) shareholders selling their 100 shares. Getting large positions will be a chase upward, and impossible unless you want to pay big once news is released.
My plan - sit tight and look the other way until January.
This post is simply my opinion only. It is not meant to be of any useful investing information or advice in any way. Again, this is my opinion, nothing more. Always do your own Due Diligence and never believe anything you read on this message board or any other.
Good luck to us all - and Happy Holidays!
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