I hear you. I'm not holding my breath, I'm waiting patiently. Regardless of what anyone thinks about the science, I think we can all agree that the company has opted to be silent, for the most part over this past year. Statements they made in the past continue to be used against them. It seems deliberate to not be saying much of anything. At this point, they are only sharing necessary disclosures. And even those tend to be vague without specific promise dates on anything. Saying nothing, except for "stay tuned" messaging, avoids all that hoopla. However, I believe if they had something truly positive and definitive to share they would have stated it. Many of us believe collaboration news is coming, but the question becomes when it might arrive. They won't say anything until it is final. And so we wait.
To the iHub longs, please be careful. Anyone adding here is taking on unforeseen risks, as there will not be a confirmed bottom until something positive is reported IMHO. We easily could be sitting on shares being worth $.10 or less if good news is not announced soon. Lack of news may mean they have no choice but to continue to finance with the very likes of those who profit on the Company's demise. The company is trading on ground that could turn to quicksand in a heart beat. The market cap is only a small part of the equation. Don't let that be the number you focus on. The company needs serious funds to continue. Serious money. If collaboration good news is coming soon then the company stock can rise and they may get financing on better terms. I get why new positions are being established. I did the same these past few months. I get why folks hold their shares. I'm doing the same here and now. What I don't get is why folks who already have a well established position and still are continuing to add and add to a losing position. That's dangerous. Unless you're skilled, no amount of shares can help you trade out of losses. I urge folks to stop doing that. If you want more shares it is just so much smarter to wait until the company starts talking. And if they don't soon and this heads further south, at least you didn't go all in and lose your shirt. Please listen. Shareholders do not have a most favorite nation clause. Our value is not protected from falling. And while the company remains silent, sideways or down action (with raises) are all we can expect. I'm hopeful that the science will ultimately save the day. I'm not naive to know that the timing of such news will determine where this stock heads next. Be safe, invest wisely.
