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Re: cowtown jay post# 33712

Thursday, 09/30/2021 10:18:33 PM

Thursday, September 30, 2021 10:18:33 PM

Post# of 43396

I think this company's OS is incredibly low, and that shareholders will be exceptionally rewarded once regulatory approval is obtained, and we become revenue-producing.

Jay... The OS count has absolutely no bearing on whether shareholders will be exceptionally rewarded. It's like saying there's more upside with an equity trading at a lower dollar amount (HGEN $6) vs. a higher dollar amount (AMZN $3,285). It all comes down to valuation... whether there's a billion shares outstanding or 1,000. The only times OS matters is if Management is diluting shareholders (i.e., like HGEN) or shrinking OS by buying shares below their intrinsic value (i.e., smart buybacks).

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