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Re: skitahoe post# 103437

Friday, 07/14/2017 6:37:26 AM

Friday, July 14, 2017 6:37:26 AM

Post# of 203913
The wild card is drug trial costs.

$1m? $5m?

Who knows.

Fortunately the dilution should be relatively minimal.

Let's take a very low-ball price of .20/share.

If they added 25m shares to the float that gives them an additional $5m.

That's not too bad.

But, is it enough?

A little direction from the company would be nice.

Why do 99% of day traders lose money?

They trade on a fundamental misconception about the nature of stock prices, namely that they are somehow persistent and predictable.

In other words, they pattern trade until they lose money. 99%.