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Bickema

08/15/19 2:26 PM

#1126 RE: jmkobers #1125

The lack of insider buys after the beating the share price has taken bothers me.
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jmkobers

08/17/19 12:38 PM

#1141 RE: jmkobers #1125

Dew:

You have have bought 4x since Jan. Walk us through your thinking on recent buying. Why the urgency? You clearly aren't building a position, because you have stated multiple times you already have a large one.

Don't get it because the cosmetic partnership ship has sailed, and absent a therapeutic partnership (which seems unlikely because they are still figuring out dosing, durability, ect), or a buyout, which seems even more unlikely due to valuation (doubtful Dan would sell company for even triple current price), why do you think the stock will make any significant move upwards in the next 6-12 months?

It's hard not to side with jbog's analysis, below. I don't see anything on the near term horizon that looks that promising but you obviously must. I know approval is in the 6-12 month horizon, but with the financing needs I wonder how much upside there is, even post approval.


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