Hey, JAMMERR, I may as well join in and put my .02, too.
I am guessing that I did pay too much too soon, that is why I have been trying to average down while this has been at the bargain basement level.
Very good point that many of us bought in on an idea, and not a product yet. I did so because the stock movement seemed to support that choice and I projected the liquidity to continue. I was wrong.
As far as VALUE is concerned, the main value that PHAR has, IMO, is only book value. That book value IS ENOUGH for me to keep buying as I can - but PHAR has always moved well on volume and more people have to buy into the idea for the pps to move significantly.
I would agree that a trading range of 4-5 times value would be a reasonable expectation for most PennyLand stocks...but there also needs to be A REASON FOR VOLUME TO INCREASE. We have seen that this small float reacts to very small pressure - and that can be good and bad.
To me, the bright side is the trip Mr. Phykitt will be making to the doctor groups. For me, it will be the 'litmus test' to know if I should stay in or pull out and move on. If doctors can't be convinced to invest, the future of Aquaprin may be very gloomy.
I DON'T THINK THIS WILL BE THE CASE, and all of my PHAR eggs are in this one 'trip' basket. This is the 'coming out party' for PHAR and the reaction to how Aquaprin 'looks in her first evening gown' is vital, IMO.
I think the complete first round of Preferred Funding needs to be met as a result of this trip - I'm not saying the day the tour is over, but within a month, anyway. Once that is completed, I am looking forward to a 'secondary tier' of investors who may buy commons, causing the pps to rise. In comparison to the medical community, I am nobody - and I have seen 10 of my friends invest in PHAR after their own DD. I can only imagine what the influence of a doctor may do to investors, mentioning it at a party, on a golf course, in an elevator, etc. This is what I am hoping for and what I expect to happen by Christmas.
...Just my philosophical speculations which really don't mean a thing.
All The Best