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DoGood_DoWell

05/30/16 4:15 PM

#63312 RE: Poor Man - #63310

I can only speak for myself, but I would have far less confidence that the company would succeed under different leadership because I see no one out there who has navigated this complex milieu better than LP has, I don't need the money, and if the trials succeed we will do a lot better than $10.

Anyone who bet rent money on a highly speculative stock will learn a lesson which will likely be of some value some day.
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eagle8

05/30/16 4:39 PM

#63318 RE: Poor Man - #63310


We can see your real face clearly now.
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doingmybest

05/30/16 6:54 PM

#63346 RE: Poor Man - #63310

I see no argument with some investors preferring $5 now but I would prefer to hold until phase 3 is read out, which has much more share price potential. The value of the warrants, like any security, is a determined by two sides not just by one, both the issuer and the buyer have to agree to the price set. And, right now the table is certainly tipped toward the buyers.
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Doc logic

05/30/16 11:20 PM

#63362 RE: Poor Man - #63310

"And let me add again, if management is so confident of the cards they're holding, then why are the warrants trading at $1."-Poor Man

That is simple to answer. Even if you leave out the possibility of stock price manipulation, those who have big money and are not funding at higher levels either can't buy or won't fund because their current situation dictates that they can't or is not prudent to do so. Institutional investors are net buyers as of 3-31-2016, though, so some big players are accumulating shares at these reduced prices. The rest either don't have confidence in their understanding of time frames, the science, regulatory situation, business model or other reasons. Those who do have confidence or are satisfied with their short gains are buying which is why there is a mini stalemate going on right now.