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TJG

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Alias Born 06/20/2007

TJG

Re: jokinjoe post# 2910

Thursday, 02/08/2024 11:04:35 AM

Thursday, February 08, 2024 11:04:35 AM

Post# of 6601
Yes I understood that, and you are absolutely correct...the problem is that traders just dont have the confidence in the company based on past history.

Jaguar has been in the development stage of getting Crofelemer to market since 2018 first through their Animal division and then the created a Human division... in that time period, 2018 till now there have been 3 reverse splits, and if, a very unlikely if, they do not get positive results from the awaited Phase III trial then they will be forced to do a fourth reverse split come May. May is when the NASDAQ minimum bid 180 day extension runs out.

Add the fact that this has been shorted to the max and you have a complete lack of trust by retail investors as well as institution investors... There are dozens and dozens of traders on the sideline ready to jump in the minute the results are posted for the Phase III trial. Now assuming they are positive this will, as someone quoted Lisa saying, jump up anywhere from 10 to 30 times its current value in just a matter of a few days.

Its not uncommon for this to be the case with Bio Tech stocks... they are the top of the pyramid when it comes to Risk Reward stocks.

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