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Re: herwilagn post# 2715

Friday, 11/04/2022 9:46:27 AM

Friday, November 04, 2022 9:46:27 AM

Post# of 2794
(Also a novice posting). I’m just posting on my frustration on holding an equity, believing in that equity’s science and even adding to my position over the past (let’s say) 6 years. During that time, watching a reverse split and significant dilution reduce my expectations to about $20/sh. after their “big news”. My understanding is that, in developing biotechs, the greatest increases come shortly following presentation of statistically significant results. Their SIERRA phase 3 results reveal an approvable winner. I’m venting on the lackluster response from the market. That’s not to say it still won’t happen but my expectations have, yet again, been tempered. Such is life with investing in developmental biotechs.
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