$SESN - I've been accumulating some shares here based off your alert. I'm hopeful that this one might be the next VBIV. I have 3k in my account, and 2k in my son's account.
I haven't jumped too far in just in case of an opportunity below $1, but so far the $1 mark has been holding. Ideally I'd like to add a little more in both accounts before the next run up. I'm watching the 50x200 daily since there is a golden cross on the way.
Thank you for the DD you provided. I'm trying to dig in a little to understand their cash position, and if they are at any risk of dilution. I looked back through their PR's (going 6 months back) and didn't see any headlines regarding dilution, so that's good. Per Yahoo, they have ~42.5M cash, and based off their last few quarterly reports it looks like they burn ~6-8M per Q. This would be decent news, as it should position them well into 2021 and maybe even early 2022 without the need of a cash raise.
Do you see this one as a good potential long-term hold, or are you watching for a $2 or $2+ target to exit?
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