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Saturday, August 25, 2018 7:48:48 PM
Big money folks who are into investing (there are MANY),
would DD company & science inside out - even hire other professionals
to validate everything.
If convinced, they would then take over this company or at least buy big chunks, one way or the other.
This has happened by three directors and a few others.
I can tell you that my little group has DD'ed the science, read all papers and analyzed financials, history and so forth. And we also don't go ALL IN yet. But we are surely not rich, by any means monetary wise (o8>
OK, some other rich folks who are not really DD'ing stuff and just follow the herd are simply buying mainstream stocks.
We are not talking about these investors here.
Our latest loan came from a fast food franchise - Hello Chump (o8>
"My advisor will buy?" Sir, even those rich people are free and can buy whatever they desire. See above. So it is more about the rich biotech investors missing here, and there are a lot. But nobody took the bait yet, but out 3 directors plus one other fund (who reduced its stake).
(This very much related to the posts from NT2 I have replied to here https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142784929)
In English: Lack of investment confirmation (financing) questions the whole economic model of PRO 140 if not even the science.
Timing wise, as far as we understand the story and last 10-K, the time is now.
But $70M - $100M are missing to make CMO and others happy for a fluent BLA run through.
+++
You are not trying to offend me? So thanks for your rating (o8>
Telling us the rich are just too convenient to buy in here even if they would see a big homerun? No Sir, see above - they would work their ass of to double their worth.
You are cute, trying to be nice and polite while simply trying to offend me indeed, insulting w/ your quality rating of my models and what not. Sir, it's OK.
You have to cut all this down before even trying to have an adult conversation w/o these emotions.
So far, you are gullible if you really believe your own writings.
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