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Re: profits101 post# 205468

Saturday, 08/03/2019 7:33:54 AM

Saturday, August 03, 2019 7:33:54 AM

Post# of 425607
I was also looking at a weekly chart last night. The stock was lower back in June. Not so long ago. Market cap would have been much lower. Short interest is still trying to lower this stock. Big money does not like that this is retail owned and they want JL's shares and they want them at a lower price. Either he (and others) will hold on until profits and stability occur or they will have fear and doubt take over and sell them.

With the large increase in share price last fall there may be some here who have two many eggs in one basket. No one CEO is going to do everything to the liking of someone that is nervous about how much money they have in one investment. To say that a CEO must step down when a retail investor has no idea what is going on behind the scenes is ridiculous. If someone owns too much stock they are going to get nervous and they need to look within themselves as to whether they can hang on. They should worry about their own house and not project their fear of their own stability on a message board.

JT now has an extra 400M in the bank and can use it as he and the Board sees fit. Either you have faith in the management or you don't. They company is in a position of strength to handle any downturn in stock price. Investors here should do the same. Some should not be on margin if they can't handle it. Next time the stock goes back up they may want to sell off their extra shares.

I personally am holdings and bought more shares on Friday. Analyst are still coming out and supporting this stock and it is going to be a good one in the long run. One analyst saying approval priced in is only one analyst. Other price targets are much higher. We know what we own. The science along with a growing sales staff, expanded label, improved managed care and DTC advertising will prevail. We damn near were profitable this past quarter. That's pretty good. It will happen soon enough. Patience.
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