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Tuesday, January 16, 2024 12:08:23 PM
I still don't understand why anyone would be selling right now. It's a 30-90 day window where the best news in the history of the company could come, along with combo trial results, potential partnership, etc
I would never sell at this point, I've been in too long to risk missing it for a potential 'early outcome'.
That being said, I totally get why people would sell right now. The fundamentals just seem obvious. And not everybody has been in for as long as the 'really longs' on this board. Plenty of investors have been in this thing for only months to short years.
You call it a 30-90 day window, I think it's more likely a 90-150 day window. The company has a clear history of not giving updates to investors, so it's highly likely a 90-150 day gap before the next (significant) news. Share price will be depreciating that whole time, and the odds are your position could be as much as 30-40% larger in two months if you exited now and got back in.
I think the chances of a partnership/additional trial announcement are extremely slim prior to approval. I know this potential is one of the biggest pumps for folks right now so they hate me saying that, but it's just the realistic truth. There is no reason to think any of that was waiting on an application submission.
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