Hey Stox. I have stated previously my position, but here it is again. I used to have a sizeable long position in Pluristem at least for me, for at least 6 years. It could be longer. Think it was within the first year that they did the R/S. I had to sell last year as I needed the cash, but didn't want to risk missing a big announcement. My timeframes may be off a little, as time really has become a blur for me with this company.
That's when I switched to options. Decided if I put a quarter of what I sold in the farthest dated $2 options, then I could buy approximately 2 years of time. If we hit $3+ at any point, I would be farther ahead than if I owned shared. I am 2 sets expired and my third will expire in March. Will still have one quarter of my original money and won't put that amount in until my March ones are closer. The interest in these options has increased significantly. Almost of my $2's were bought for a nickel. I did buy a little more for a quarter. I did buy a small amount of Dec 2's, as I could still get them cheap but with way more risk. I have bought some $1's before as well, and did quite well on them.
If we do happen to get a significant run in price, I would sell the options and buy back shares, or continue with options, depending on price and news out. These options hit 40 cents at one point. A substantial gain but not nearly what I'm hoping for.
To be quite honest I have no idea where we will be in six months. I do think there's a good chance we will hit the $1.30's range in the next month. Closing Sosei will do jack for the price imo. If we do drop, I'll buy more $2 options as well, for June or even later if they open up.
This run was feeling so different than any for a long time then bam, the raise. I don't have too much faith in the management as you obviously know. And I'm not sure Tutes do either. And I think there were many of them buying via the ATM, and now they got shafted.
It just baffles me how we are where we are. I do think this stock is pretty manipulated. If for no reason except for our price versus the unbelievable potential. And news does nothing at all for many years. It was a nice change of late to see news do something positive to the price, but again, that was just manipulation most likely by the 3 firms hired. They did their job well as I have said in the past. But this is not big pharma manipulating, like someone here believes.
Im truly just hoping we hit $5 in the next 6 months, as we did hit that once. And that would mean around a half billion market cap. Not unrealistic for this company, by any means. That would mean an almost 60 bagger for me less commissions. But anything over $3 and I will be very happy.
