News Focus
News Focus
icon url

Foogie88

08/01/24 4:21 PM

#709968 RE: wimike #709964

Don’t give up just yet. Something positive is due. Lord, it’s all been negative. We shall see.
icon url

Poor Man -

08/01/24 4:30 PM

#709976 RE: wimike #709964

And then you might be old enough to join their board.

Looks like I will be working for another couple of years at 73 to make up for some of this loss unless we do turn around.

icon url

dennisdave

08/01/24 4:41 PM

#709982 RE: wimike #709964

if we are so close to UK approval, why are we sitting on the cusp of the 20¢ territory? Then, common sense tells me we aren't getting approval, and the past 15 years have been painful

that is not common sense its fear and that is exactly what this whole exercise of taking the SP down is all about.

If a biotech would be sitting on material information for a while that approval is going to be difficult or is refused and management has only let a few shareholders know who then on that information would start unloading their positions. Boy o boy that would be jail time for the management of that biotech
icon url

Smitty5150

08/01/24 7:01 PM

#710014 RE: wimike #709964

I think a buyout is coming. I have been investing a very long time and over the course of 30 years I have seen many stocks I own hit 52 week lows right before a buyout. My most recent example was just this year with TGAN, who make Gallium nitride (GaN) semi conductors. The SP hit a 52 low in Oct 22, 2023 only to rally 450% in the next 4 months. Company was sold this past past spring. Many others but this is just a very recent example. Time will tell.