Thursday, October 17, 2019 11:19:04 AM
Let me set the record straight as I don’t want my sentiment to go misunderstood or misinterpreted.
I’ve been in this for about 3(?) years now. Maybe 2.5. Well before the Chiesi deal was announced. Back when it went from 80 cents to $1.33 then cratered. I got in this because after researching the company, I had trouble finding the fallacy the market seems to have found. It seemed to me like the data was solid in comparison to the other products and that their approach with plant cells was novel. That their technology and platform could prove well for them. A lot has happened since then and the fundamentals seem to still be there short of the convertible notes and delays in trial registration.
I’m still long this and think it will prove a winning investment in the years to come. I just have more doubts now... well see more uncertainty now. I’ve even averaged down three times to below .30. I haven’t had much fortune with companies undergoing a RS but it’s NOT always a negative.
From what I’ve seen on this board recently, i have trouble deducing the rationale for reducing the shares available but I imagine there is a grander plan the public isn’t privy to.
Cheers and GL to you all.
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