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Re: king oil post# 2560

Tuesday, 11/13/2018 2:38:33 PM

Tuesday, November 13, 2018 2:38:33 PM

Post# of 3986
My reasoning.

1. The main people looking at this company are people who's job is in finance and they feel they can likely get a cheaper price later as there is still good time to go before approval. To be honest I would say they are right, but I already am in so I'll stay.

2. The little people like us in general are not clued up on this company at all.

3. The company is still pre-revenue with no guarantee that it will make revenues before more significant costs.

4. It takes a keen understanding of the science and data to make good sense of the potential and to-date, willingly or not miscreants such as C.C. Abbott who claim to be analysts and scientists are writing absolutely nonsensical garbage that quite frankly should be ashamed of. In case you hadn't seen at the end of her articles are many comments from people thanking her for her 'insights' which have been proved wrong time and time again.

5. I would also say that while the bio-tech markets have been hit in general recently, there is the unique situation of escalating violence between Isreal and Hamas recently of which the rhetoric doesn't do much to make Isreali investments look safe from danger. The prospect of such violence will deter if not cause many invested parties to shy away or sell.

Share price is not merely linked to company performance but also other externalities.
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