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FeMike

11/06/24 9:32 AM

#730687 RE: rizona #730682

Why would they spend $10 when they can buy the same thing for $5?



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Investor082

11/06/24 10:46 AM

#730710 RE: rizona #730682

He has been building unrealistic expectations for years. I don't think he is a trader or pumper per se like some of the others, but he just doesn’t understand how the biotech space works.

The SP wont even reach $1 in 2024 or 2025. Forget about $5. In fact, LP will not hesitate to sell the company anywhere between $5-7 today or in 2025 rather than diluting at pennies and wasting years, but unfortunately no one is interested.