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Wednesday, March 09, 2016 4:06:03 AM
some of the points Sprot is raising are correct.
The main issue here is cash (as I mentioned in some of my posts).
What I think is important here is to understand the investment approach:
Sprot is saying is going below 2, and sure it could go...as sure Tomorrow one of the important catalyst could materialize.
so my point is: why wait until you see 1.8 (for istance) with the risk of missing a one week pop to 6 or even 8 (just think is Pristiq was approved today).
The point is: everybody should stick with the trading strategy is more comfortable with.
what is important is where will the company be in 3 years from now...at least this is what I think
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