I appreciate Pauls update on May!
"A lot happening in May. I’m curious to find out how many more shares the Institutional and Mutual Fund Investors have purchased. BlackRock went from 11-12M to 17M plus shares last time around. The Vatican Conference is a giant soapbox with media from around the world reporting. With Celularity and Sorrento being only two of six Industry Collaborators I’m sure there will be a interviews lined up before, during, and after the conference. That type of exposure is priceless. Speaking of Celularity. The planned merger is scheduled for the second quarter so basically that announcement can happen anytime. MSC, Abivertinib, STIX EUA’s can drop anytime between now and June. At least one, if not two will happen before the end of May. There’s a reason we are not hearing anything about AMG. DARPA is involved, and sooner or later they will be taking over the trial. Notice I’ve only spoken about the COVID pipeline. Sorrento will have NDA’s and approvals for at least SP102 and Abivertinib by year end or first quarter next year. SP102 is a blockbuster with projected 5-6 B revenue, and Abivertinib with both covid and cancer is a super blockbuster with a projected 10 B plus. RTX, ANP BO, etc... so much going on and with 56M shares shorted and the volume pretty much low everyday while everyone is waiting for a pin to drop there’s not an exit strategy big enough for shorts to evade a squeeze. So sit back and relax fellow investors. Take your hand off of the sell button. Laugh at the memes, and hug your loved ones because this is going to be fun. At least for those who have done their dd and are patient."
"The refusal of the real is the number one dogma of our time" Rene Girard
