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Saltz

09/22/20 11:37 AM

#118259 RE: LifeLongLearner #118251

I don’t know about Grip. I just add the facts up and make a calculated decision.

I sold my entire position over a month ago starting in the mid 6’s to high 3’s. I was heavily invested at a very low average SP. I decided to roll the dice and guarantee $2M plus in profit. I just wasn’t willing to risk the Covid cash cow that fell in our laps falling off the table and be back to where we were post Covid-betting on HIV Combo, Vyera, and a long ways to go in our promising cancer trials.

I’m still very bullish on the SC Covid indication and will be back in for a 100k shares if it pulls back into the mid 2’s. If it doesn’t I’ll walk. This investment has played me for eight years and I’m not going in for more of what the majority of those eight years were. Delay after delay and increasing shares from 100m to 800m. That can’t go indefinitely and Nader has not proven he can complete a BLA application. That was the breaking point for me as we have been told for years now this would be done very soon, next month, etc.

You will not see me bashing as Nader turned this into a winner. Maybe it will be a really big winner-I hope so even if I miss the next chapter.
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Grip it and Sip It

09/22/20 12:45 PM

#118275 RE: LifeLongLearner #118251

I bought 5k shares at $3.40 because I committed to buying when it fell to $3.50....which I was widely criticized for.

Call it a silly affection for the drug buy I’m bearish while Nader is here. All my other posts will solidify that. I’ve noticed a changing of the tide with some who are starting to see Nader for what he is.

As for Saltz, his words are always weighed with thought and wisdom. I don’t disagree with Saltz

Grip
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The Lawman

09/22/20 2:08 PM

#118304 RE: LifeLongLearner #118251

I can't speak for Saltz, but I can tell you that many long term early Paulson investors appear to be disgusted with Pourhassan having received, and then sold, so many shares of company stock while again asking for a huge number of still more shares.

To me, at least, it is a very bad sign when the CEO is touting the stock as being grossly undervalued, while selling his own stock at the same time.

I am still holding a significant number of shares, so am hoping the shareholders vote no on awarding more stock to Pourhassan later this month.

LM