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Re: Survivor2012 post# 421495

Wednesday, 11/24/2021 10:19:42 PM

Wednesday, November 24, 2021 10:19:42 PM

Post# of 700263
Thank you for sharing Survivor2012. Agreed with DI for most part, but besides a few shorts, I think most selling on recent days came from warrant holders (for some I may better call them former warrant holders) under generally unfavorable biotech environment (XBI has been 35% less from its peak for example).

As for why we have not seen big boys buying, I think if I were one big boy, I would not think the share price could drop any further. In this price range, I would think it's very attractive. So I would commit initiating buying about 1/3 of my target at any favorable convenient time so as to make sure I could achieve it at least cost possible. I would buy the rest after positive TLD/publication.

Because of that, I would be surprised if share price would not appreciate in a substantial way within days if there are indeed someones who think like and have significant financial resources in disposal; who have also done DD and currently on sideline.

Not that I care, since I have long determined to see long-term profit but cannot help...

Happy Thanksgiving!
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