HC, we love that you are so smart as to figure out what happened a long time ago. Certainly everybody here would rather have scooped all their shares at our all-time low of fourteen cents, except there was no way to predict then if it was going down to two cents or up to twenty bucks. Crystal balls are in short supply here, especially when trying to put a time frame to anything the company has done thus far, so I have to side with Roll with regard to the FACT that we don't know when, or even if, something huge is gong to happen. To his apparent point, since we don't know, selling anything could happen to be the day before a buyout is announced (an action which is often accompanied by a trading halt). The only advantages we really have here as long term investors is that we know the technology is unique, valuable, and well protected, and Medtronic has validated all three of those points by establishing a relationship with them. Schedule? My guesses are based on experience with medical device development and regulatory bodies, with a hint from the Mazor acquisition. But I'm guessing just like anybody else, except I also share my rationale for my guesses when not everybody else does. Concerns expressed about getting raided by Medtronic and then left at the altar seem rather unfounded. Medtronic is on an acquisition hunt, just announcing yet another one for insulin pens. If they screw over any organization that they are doing business with, nobody will want to talk to them because they would be untrustworthy. That's no way for Mr. Martha to build his self-declared legacy of acquisitions.
As far as us classless posters, check the mirror. In just the one post I'm currently replying to (pasted below for your convenience), you have referred to groups of us as Helens, pumpers, foolish, and stupid. Sorry... to be more accurate, "STUPID". This board is a battleground that has driven me on occasion to lose my temper and to dispense with dignity for a post or two, but others such as yourself seem to have a difficult time getting through an entire post without lobbing insults at either an individual or a large group of investors. Some days you can be downright genial! Apparently today isn't one of those days.
I agree with you that it may seem a bit base to continually point out someone's apparent folly of relieving themselves of shares around the $.25 price point, even if it didn't happen exactly as portrayed. But given that individual's history of posting the same crap day after day, regardless of how old and outdated a piece of "information" may be, I can easily see how others are fed up enough to point out that even such supremely knowledgeable individuals may have been wrong once or twice themselves.
Have I made "mistakes" with this investment? In retrospect, I COULD call some purchases "mistakes" based on current or previous PPS such as the aforementioned fourteen cent day earlier this year. But I don't view any of it a mistake because the fat lady hasn't sung yet. If I eventually sell at a loss... yup, it will have been a mistake. If I make good money in the end... No regrets for sure, it will all have been good, whether it was a purchase at $3 or at $.25 at the time. It will all have been part of an accumulation phase, which cannot possibly be optimized without that crystal ball. If it hits $.50 again? You will surely fail to mention that the folks who bought in at $.14 have still more than tripled their investment in under four months. And if we do see $.50 again, there's still no point in any of us beating ourselves up over another huge scoopertunity!
As for the possibility you mention of doubling your position? Sounds great if you can propose a risk-free way to do it. Roll provided the exact reason I am not doing it, but you are certainly free to do so, and honestly, I wish you the best of luck with that strategy. It's just not a risk I am willing to take.
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Perhaps I should have said SAD - sad that people care so much, some even changing profile pics to show 25 cents. Real Classy
True Helens on this board...many as foolish as some of the people (past & present) making big company decisions.
* What's funny are the predictions and how wrong the pumpers have been (thus far). Roll, if this hits 50 cents, you gonna be saying the same thing - that all is good blah blah blah ?
If so, I'd like to ask - wouldn't have doubling up your share count = double your profits at time of BO be better ? If ya really believe then wasn't it STUPID not to have sold some and bought back lower? I think I'm done discussing our opposing views. Let the peeps decide who they want to listen too going forward. My dick is smaller than yours anyways
