Vascular Biogenics Ltd (VBLT): Quote: I haven’t taken the loss yet....

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Vascular Biogenics Ltd (VBLT)

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Re: MF82 post# 1940

Monday, 04/16/2018 12:02:21 PM

Monday, April 16, 2018 12:02:21 PM

Quote:

I haven’t taken the loss yet...maybe I should just get it over with...

Response:

I have sold my shares thinking that the share price had nowhere to go but down. However, at $1.80 the company would only be worth the cash held by the company which seems unreasonably low. At $2.0, I intend to buy back the shares I sold earlier.

Coming back to your case, it can go a little lower than the current price of $2.30 but not significantly lower. On the other hand, the shares might jump due to a buyout or before intermediary results are announced mid 2019.

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