I can tell you Dave my patience are wearing very thin for Gerald and not the company itself. The fact of the matter is for me is that my cost basis is hovering around this area. I wasn't one of the people who bought in at .02, .03, .04, etc. It is always around the corner with this guy. Each passing week we are still range bound, I am getting more and more irritated. The rocket ship mania has taken hold of everyone, myself included. Everyone (once again, myself included) is waiting for the day where the PR that creates the massive pop happens.
Gerald gave everyone this impression. But also, no one has any idea what the heck is going on with this company. He gets his hooks into people by throwing out many possible scenarios to try to create the perception that massive short term share appreciation is coming. For example, how many different ways has he stated he is going to handle the diagnostics division? Everyone then theorycrafts and tries to value each possible way he can handle it with the result being each one seems better than the last. Then he hides behind his veil of secrecy using a "strategic code of silence" to justify it. It is so infuriating. I very well understand that for strategy and leverage sake, you cannot show your hand. But he is not doing that. He is playing four hands and telling shareholders what cards he is holding, but then will not further elaborate due to "secrecy". The "secrecy" is also responsible for creating this mania.
The man is infuriating. Maybe he feels like he has to do this to prevent Amarantus from becoming irrelevant? Maybe he is trying to stave off a mass exodus? If you had a Biotech almanac from Back to the Future and you knew definitively that this company was going to continue spinning it's tires in the mud until say, arbitrarily, September, no one in their right mind would hold this company. They would sell, make money somewhere else, and buy back in August. But that is impossible. He has his hooks in everyone, and everyone is petrified to miss the big move which is always next week. As time goes on, the paranoia of missing the big move grows even more. The longer we are holding it, the worse it becomes. I can't sell it because I have dealt with this long enough that I don't want to miss "next week." He is definitely playing shareholders emotions.
He is always constantly evaluating his options. To be honest, I think the people in this forum are evaluating his options more often than he is. I really believe he already knows how he wants to handle it, he is just trying to figure out a way to squeeze the most value out of the play. (Which is fine.) Just don't get everyone salivating with all sorts of possible scenarios and then clam up, when in fact, he is probably just trying to exploit one opportunity to the fullest (one again, which is fine.) Best way to handle it is to tell shareholders, "We are currently evaluating our options with Dx for greatest value." Instead, he dances around and now everyone is worried about an IPO, spinoff, sale, partnership, etc, etc. Uncertainty is so dog gone hard to place a valuation on.
Gerald gave everyone this impression. But also, no one has any idea what the heck is going on with this company. He gets his hooks into people by throwing out many possible scenarios to try to create the perception that massive short term share appreciation is coming. For example, how many different ways has he stated he is going to handle the diagnostics division? Everyone then theorycrafts and tries to value each possible way he can handle it with the result being each one seems better than the last. Then he hides behind his veil of secrecy using a "strategic code of silence" to justify it. It is so infuriating. I very well understand that for strategy and leverage sake, you cannot show your hand. But he is not doing that. He is playing four hands and telling shareholders what cards he is holding, but then will not further elaborate due to "secrecy". The "secrecy" is also responsible for creating this mania.
The man is infuriating. Maybe he feels like he has to do this to prevent Amarantus from becoming irrelevant? Maybe he is trying to stave off a mass exodus? If you had a Biotech almanac from Back to the Future and you knew definitively that this company was going to continue spinning it's tires in the mud until say, arbitrarily, September, no one in their right mind would hold this company. They would sell, make money somewhere else, and buy back in August. But that is impossible. He has his hooks in everyone, and everyone is petrified to miss the big move which is always next week. As time goes on, the paranoia of missing the big move grows even more. The longer we are holding it, the worse it becomes. I can't sell it because I have dealt with this long enough that I don't want to miss "next week." He is definitely playing shareholders emotions.
He is always constantly evaluating his options. To be honest, I think the people in this forum are evaluating his options more often than he is. I really believe he already knows how he wants to handle it, he is just trying to figure out a way to squeeze the most value out of the play. (Which is fine.) Just don't get everyone salivating with all sorts of possible scenarios and then clam up, when in fact, he is probably just trying to exploit one opportunity to the fullest (one again, which is fine.) Best way to handle it is to tell shareholders, "We are currently evaluating our options with Dx for greatest value." Instead, he dances around and now everyone is worried about an IPO, spinoff, sale, partnership, etc, etc. Uncertainty is so dog gone hard to place a valuation on.
