Yes it is especially if one subscribes to conspiracy theories. I have seen it said before that it is not unusual for a stock to go way down right before it explodes upward. I guess the theory being it is driven down so that the larger (say institutional) investors can get in at a lower pps.
Not sure if true or not so I am going to try my best to keep my eye on the science as well as their financial status including burn rate tied to Avid revenue, outside funding from collaborations, etc. IMO as long as they stay in business and keep moving the science forward eventually we will have a big run.
All assuming the science is good. I still like the idea that scientists, doctors, and top operation guys are joining the company. I feel pretty certain these guys had many more options but for some reason chose PPHM. I am sure we are not paying them much differently then they could get elsewhere. Where their compensation could different dramatically is in their options and they won;t get big money there unless there is a big move.
So, as before, if they have a relatively slow burn rate and the science is good I will continue to buy on weakness until something changes. Regardless of how scary or impatient I get.
Fear and Greed drive the market. Again, it doesn't change my life if it fails but it sure does if it succeeds.
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