This is ridiculous and underscores exactly what I and others have been posting as of late.
If management was clear with their timelines, met their timelines, and didn't produce false timelines "true longs" like myself wouldn't be exposed to 100% of the risk.
This is the true outcome of management not delivering on their deliverables. Everybody else gets to swing trade and pop in and out of positions. Those who believe in Liau, DCVAX, and its incredible economic potential are left holding the bag. Sure, I and many others I'm sure have averaged down but I certainly didn't want to invest what I have just to have a reasonable average share price (I'm in the black now, thanks for your concern).
Can we drop this notion of "true longs" btw? How about this: we are investors. I invest in Biotech because I believe I know the space and the fact that humanity benefits from their success is a tangential positive. As a non-consequential shareholder the best that I can do for those suffering from GBM (beyond my empathy and philanthropy) is to hold management accountable for not getting the product to market. Insinuating that being a "true long" somehow helps them is absurd. Trying to equate their suffering via disease to my suffering via a lower PPS is insulting to both of parties.
I take no pride in having shares that I purchased at $7. How many here remember shares dropping below $7, then $6, then $5 and the message board prophets "thanking people for the cheap shares".
Do you all not recognize the exact same pattern?
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