The company has beat all odds and all peers in this space and at this stage of its lifecycle and stage of development clinically and with regard to manufacturing opportunities. Granted they have been shorted to kingdom come and the price and perception has been harmed by that and blatant manipulation.
I do not think that makes them incredible in any way where it counts but I also think it doesn’t obligate them to surrender the shop to the lowest bidder because some fools think that is the only way left to validate the company.
I did not see you mention Woodford but someone answered you defensively regarding him. He blew up his fund and one investment does not blow up a fund. The man clearly was way in over his head investing in biotech and thought he could make up for his inexperience perhaps by manipulating companies into doing deals they did not think was in the long-term interest of the company or other shareholders. Funds have to make their numbers quarterly and annually and could give a damn about other shareholders and I believe that may have been the case given some of the stories other shareholders tell. However, he hung onto those shares all the way down and the fact is, regardless of baseless claims that the fund could not sell because they claim he knew information, that’s simply a false construct. If he thought it was against the fiduciary interests of shareholders to hold onto a “bad”
Investment he would have been advised I am sure so that such a decision could be properly evaluated by unconflicted additional personnel and a sale could be made without any issues. Things like that happen every day, it’s an institution, not a person. Institutions have all kinds of methods for dealing with such matters. The reality is he made no such conclusion and his holding the stock all the way through his fund’s collapse is a direct contradiction of the nonsense people spew about him being some sort of naïf and LP, whom they claim is both “incompetent” and a world class master scammer. Constantly contradicting themselves, creating massive global conspiracies including hospitals, doctors, universities, world class experts, and all manner of nonsense does not justify a bear case. It’s just noise.
Bullish