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Re: Buckboard post# 346

Monday, 01/22/2018 5:08:30 AM

Monday, January 22, 2018 5:08:30 AM

Post# of 438
Morning, Buckboard.

Did you ever wonder why the buckboards we rode on when we were young bucked like a stallion mustang with no intention of being tamed?

Maybe you are still riding buckboards and doing things I wish I had never stopped doing but the original buckboards had springs. At least in the West that's so far west we called Coloradans easterners and Tex was always a drugstore cowboy that my older sisters said wouldn't know a horse from a billy goat.

PETX is a real pet biotech. I know of no other like it though there are pretenders like Eli Lilly's Elanco that PETX was contracted to get FDA approval for its osteoarthritis wonder drug. Galliprant is most assuredly not just another NSAID as claimed here. All NSAID's interfere with natural lubrication of the joints, which Galliprant does not.

I've traded stocks 40 years

Maybe that trading is your problem, friend. I traded off some huge winners in nearly 60 years of buying stocks but maybe you are a lot smarter and quicker than I am.

A caution, Buckboard.

I have seen companies many times announce a public offering and then pull back when the reaction is unpleasant. PETX is in the biotech business for R&D and sales of drugs for pets, not stock sales like brokers.

Did PETX blunder in announcing a public offering of new shares and then withdrawing it when the market reacted very badly?

- I don't think so but I accept your opinion as quite rational and perhaps the right one. Maybe my brains got jostled too much by buckboards and a horse kicking me near a lot more vital spot than what passes for my brain box. frown

Best, Terry
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