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Doc logic

05/25/22 8:34 PM

#478601 RE: Grip it and Sip It #478592

Grip it and Sip It,

And you as a shareholder are supposed to be ready to wait for that value to emerge which in biotechs can be 20 years or more. Feel free to ignore the Wild West cycles and 90%+ failure rate in between at your own risk. Welcome to biotech land. Hurry up and wait ; ). Best wishes.
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Garyedward71

05/26/22 2:12 AM

#478634 RE: Grip it and Sip It #478592

I used to think that. It is the shareholders responsibility to invest in a profitable venture. There's only a problem if somebody complains or takes legal action and if they've broken a law. If enough investors call PR' and express their dissatisfaction with the companies management, they might loose a little sleep. We are commoners, we have no rights. This is a game called Monarchy and LP is our queen she has the power to flush us down the drain. She could inact a reverse split at her whim. in this game the commoner must accumulate 5% of the stock or be part of a venture capital group that does to have a seat at the board.
It is a myth that the corporation is accountable to and must increase share holders value. This is left to the market and your right to sell. The Corp. is accountable to the capitalist who provided the funds for the shelf offerring who bought this block of stock to retail. Retailing stock entails building or having an already formed sales syndicate (boiler rooms). The capitalist will pay to have the stock pumped and as soon as the. call is made they will short it all the way down. We all know the reality of naked shorting. The capitalist are guaranteed liquidity of their investment This is where the deficit comes from. The US must print up as much money as needed to maintain liquidity in the markets. Bush $4.5 trillion Obama $5 trillion. Unless you are incorporated, an accredited investor or a sovereign American or born in Texas you are not a capitalist. An accredited investor must have a net worth of $1 MILLION or with reasonable expectations have made $235,000 annum and expect to make this much per yr. for the next 2yrs. On of the most mind blowing moments I've had was when researching the MILLION dollar qualification dated back to the 1850s. No where did it say adjusted for inflation. Everybody that's complaining now doesn't even know how good they have it. It has never been so easy to be a millionaire, thanks to inflation. So pretty much any steam rattling the pipes at the SEC is for the most part is just smoke and mirrors.