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RNsidersbuying

07/07/22 12:38 PM

#98901 RE: swampboots #98900

Why make it complicated...when THEY'RE giving cash away by selling at less than .50cents-on-the-dollar and AFTER two more quarters of burn!

Are "THEY", the sellers, implying that these cashfat-biobust-managements are imbeciles and are destined to just piss off so many millions of dollars??

Are these cashfat-biobust-managements admitting imbecility by refusing to buy their own stock at 2 or 3 bits on the dollar??

My only concern is if the U.S.Dollar (grandest ponzi scheme of all time) collapses before I can cash in on so many absolute giveaways...
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maxluke1

07/07/22 1:43 PM

#98907 RE: swampboots #98900

Re small biotechs - I'm pretty indifferent about what these companies do. Perhaps that's foolish. For me, it is more about the amount of cash they have combined with sentiment (and sentiment is improving in this sector at the moment), and then there's always a chance of some news related event (which worked out nicely for you with DTIL)

A good example of what RN describes is GRAY starting to look at whether they should just close up shop and pay shareholders out the cash.