There were 4 green days in a row. A pullback isn't a bad thing. It will go beyond $1 when the FDA authorizes EUA. It's that simple, really. People thinking this will go back to the .30's have been trading penny stocks too long.
As an outsider to this website, investors hub, I see a lot of get rich quick type of traders here. Not all, mind you. But everyone bashing the company and stock by talking about the share count, retracement cycles, MM market manipulation, dilution, etc. are just penny flippers. You never see this on big boards of reputable companies.
Those of us that are investors are here because we believe in someone like Dr Javitt who has worked with 4 Presidents. How many penny stocks on IHUB can say their CEO worked with 4 Presidents? How many other bio-pharma companies under $1 on IHUB can say their CEO has the reputation with the FDA as Dr Javitt?
We also believe in the science. We believe in the research done in Brazil that showed aviptadil blocked replication of the SARS coronavirus in human lung cells and immune cells. We believe in the results coming from Dr. Youssef at Methodist hospital in Houston.
For an investor, red days/green days don't matter to us. We may buy more on a dip but that's it. Our eyes are on the finish line. We know where the company and stock is going. If it doesn't get FDA approval then we lose, period. That's the risk we are taking. It's either a grand slam in the bottom of the 9th with 2 outs and down by 3 or it's a strikeout. Each individual should analyze their own risk tolerance accordingly. There is risk. But there's also the potential of great reward. Right now, very few people are aware of RLF-100. But that is likely to change very soon.
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