Friday, February 05, 2021 8:20:32 PM
Mild accumulation began on December 14th, 3 days after an important announcement; whoever is doing it is smart as they are trying to not raise the price by buying in small batches.
In terms of the recent developments, I was initially annoyed as well; however upon investigation and reflection realized that this is a very good development. Previously our fortunes were tied to Medivir, which is bleeding cash; their new CEO and Chief medical officer are great developments and I was very confident that they would take the company in the right direction and they are. Bottom line is Medivir sid not have the funds or connections to develop Birinapant after the Keytruda debacle; it should have targeted a specific set of colon cancer mutations as 1 patient with those mutations in the trial did do well.
The New company has the funds and desire to make Birinapant into a viable product. Tetralogic renounced their milestone payments with Birinapant in exchange for a larger share of the profits. Yes it will take longer for Birinapant to make us all some $; but remember its not the only egg in the basket.
The recent developments are good.
I own a vast amount of shares and am happy.
Turn those frowns upside down.
As for the individual accumulating the minor amount of shares, message me once you surpass 3 million shares and we can talk.
See you all in about 6-8 months.
Bye~
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