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Re: Zenguy post# 2213

Tuesday, 11/06/2018 3:49:02 PM

Tuesday, November 06, 2018 3:49:02 PM

Post# of 3857
I wanted to point out -- I mentioned taking profits at $9.00 if there wasn't some kind of massive news to justify it.

GWPH was sitting over $3 Billion for a while before their FDA approval because they were getting closer and closer.

If NXEN were to receive some kind of FDA approval to proceed with clinical studies under Orphan Drug exemption to where "total approval" is more streamlined -- I may not want to sell much at $9.00 as crazy as that sounds.

Why? Because as I mentioned... $9.00 is roughly $500 million. If I suspect $1 billion market cap could be months away because of timelines given to us by management, I may just be willing to wait it out. :)

$18/share is oh, so much sweeter than $9/share. LOL.

P.S. I hope what I'm saying isn't being confused with pumping. These scenarios are based on LEGIT, BIG NEWS / MILESTONES!

If we run to $9.00 because of the Canadian listing and starting a clinical study -- I'll be "taking profits" and waiting for lower re-entry because I then believe I may have time to get back in.

Obviously with as many 'projects' NXEN has in their pipeline -- it may be a mistake to think it'll come back down too far and I may just end up chasing -- but at that point I will learn to BE UNBELIEVABLY HAPPY with the profit at $9.00 :)
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