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Sunday, August 29, 2021 10:10:00 AM
There's been relatively high trading volume, and at times really high volume. The sp is just vacillating in a tight range. I think it is indicative of a large group of owners just waiting for news, or just enough news to move the price and let it fall into this, or another higher range.
If the news changes the investment dynamic then the range goes much higher. Any vaccine information, or therapeutic confirmation would be a catalyst for a much higher share price. Then the upside would be defined by the potential of the new conditions. Those that would take the opposing position would state that management doesn't have the bandwidth to execute to full potential. Much of that argument would not be valid in my mind b/c most of the execution would be controlled in the clinics and labs, so as to remove any missteps by management. Thankfully, so.
I also think you enjoy poking those that have a more robust opinion of the potential for this stock. Again, it's potential that hasn't been fulfilled. Management can't validate a higher sp with just words or communication. It helps, and limits criticism but wouldn't stop someone from doing it none-the-less, if they had a strong desire to do so.
My only regret was not having more to put into the opportunity at a lower sp earlier this year. Just not enough dry powder in reserve.
Good luck to all. Regards,BK.
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