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Re: timteo post# 114645

Thursday, 09/03/2020 9:06:30 AM

Thursday, September 03, 2020 9:06:30 AM

Post# of 140477
timeteo


Two points.

1. Anytime there is an opportunity for the true pumpers to pump the stock they will. Not the true longs but pumpers. There is a difference. Take yesterday for an example. Did you see the timing? The stock dropped right around conference time. Stock when from what 88 cents to 80 cents. Someone took their position and sold. The smart people bought more. I bought more yesterday. There is no way he announces HUGE NEWS at a conference like this with Medtronic watching. Next will be the AGM. Big news coming!!!! Big news coming!!! Day traders will then sell.

2. McNally decides to waste time at a virtual conference when the stock is under $1. Why? He is just promoting the company and could care less about the share price. He has until Feb, 2021 to get the stock to $1 for 10 consecutive days. Isn't that when the $18 million dollar investor has to come out from hiding? A lot of things are happening. Ramping up engineers in Chapel Hill. He is preparing for FDA, in communication with FDA, etc., etc., and is focusing on getting the next milestone done by October. Why doesn't he care about the share price? Because he knows damn well he will have news in February that will blow the doors off of this stock in February. He also knows investors will sell the news and the stock will be brought down under a dollar again and again if he spills the beans now.

Think about it. By February, the stock will be well over $1. So any share you buy now at 84 cents will give you AT LEAST a 16 percent rate of return. A no brainer in my mind.