Fair enough, i guess i just was never concerned about any of that because even if he did dilute another 500 million shares, I could still forecast great returns when just one thing in the potential pipe hit.

I view investing as gambling, however the odds can be heavily in your favor if you count the cards, determine the odds remaining out of the current deck, and not go 'all in' on any one hand.

Your questions/concerns are fair, but if one of these drugs hit, does it matter if you make $1mm instead of $3mm, $5mm instead of $10mm, $100k instead of $200k? Or whatever your share count would turn into.