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Tuesday, November 10, 2020 6:58:27 PM
I’ve invested in hundreds of them over the years. Some successfully, some not. But they all have the exact same issues... dilution and failure to meet timelines. They don’t have the resources that big pharma has to efficiently navigate these waters...
When investing in any pre revenue biotech I would hope all understand this. Go thru the message boards of other pre revenue bio’s.. if you do, you will think they all have the same management team as the posts are identical to this board.
These companies can never please everyone.. if they stay quiet, they get killed for lack of info.. if they give out info, it never meets timelines and is construed as “pumping”...
I’m certainly not referring to you with this post, but many people on this board have no business Investing in a pre revenue bio.
These boards are filled with those who claim to be longs but have the emotions of a day or swing trader....
I choose to sit back, have a drink, and watch the fireworks. When it happens, it’s going to be explosive! And just a hint, it’s going to happen when they are ready... and only then
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