(Total Views: 753)
Posted On: 05/06/2020 3:00:16 AM
Post# of 148908
Charlie Sheen got me as well. I was working in Hollywood for a couple weeks and snapped a photo of Sheen’s star on the walk of fame and sent it to the friend of mine that told me about the company for good luck. Sheen said in a interview...I can see the future of this thing and it is much bigger than me...So I did a couple Paulson rounds in 2017 or 2018 ish.
Wow I got so lucky. My best move was loaning money to the company on a note in January 2019 then tendering all the warrants in June from the note and Paulson rounds. Renewed part of the note in October for some more warrants and did another private placement in December 2019. I just finished converting the last of the note and tendering the rest of my warrants yesterday. Mailed the check. I figured that from a risk management standpoint I should have held the last two sets of warrants. But I cannot vote the warrants. If the dam breaks, I bet we will have to vote. I am voting No Way in Hell unless there are some good contingent value rights. BIg Pharma does not innovate, they are capital allocators in my view. If bought out we would make money but cap the true upside. I have not sold any of those shares. They just sit there at the transfer agent. This was by far my best Paulson deal.
I bought additional shares in my Roth in the dark days of q3 and 4 2019. About the same number of shares as direct to company. Especially when RP was selling. I took money off table in Roth to buy beaten down stuff in January and March but still have 65 percent ish of my peak. I got lucky building this position. I have been kicked in the groin over safety issues in the past. Like Arrowhead 2016. We know Leronlimab is safe. That always comes back to me. Efficacy, well that could be a 20 year discussion. Wow. Roller coaster but, wow.
What was really lucky for me was having Misiu, Trading, FAT Jr, Ohm and others on this board. I would have never backed up the truck without that input in 2019. Very lucky to be sitting on my position. I put in more of my net worth than what is prudent. No matter what happens, I made money in my best trade ever. I would have stopped after the first Paulson if not for Misiu, Trading, Fat JR et al. Thank you so much.
Wow I got so lucky. My best move was loaning money to the company on a note in January 2019 then tendering all the warrants in June from the note and Paulson rounds. Renewed part of the note in October for some more warrants and did another private placement in December 2019. I just finished converting the last of the note and tendering the rest of my warrants yesterday. Mailed the check. I figured that from a risk management standpoint I should have held the last two sets of warrants. But I cannot vote the warrants. If the dam breaks, I bet we will have to vote. I am voting No Way in Hell unless there are some good contingent value rights. BIg Pharma does not innovate, they are capital allocators in my view. If bought out we would make money but cap the true upside. I have not sold any of those shares. They just sit there at the transfer agent. This was by far my best Paulson deal.
I bought additional shares in my Roth in the dark days of q3 and 4 2019. About the same number of shares as direct to company. Especially when RP was selling. I took money off table in Roth to buy beaten down stuff in January and March but still have 65 percent ish of my peak. I got lucky building this position. I have been kicked in the groin over safety issues in the past. Like Arrowhead 2016. We know Leronlimab is safe. That always comes back to me. Efficacy, well that could be a 20 year discussion. Wow. Roller coaster but, wow.
What was really lucky for me was having Misiu, Trading, FAT Jr, Ohm and others on this board. I would have never backed up the truck without that input in 2019. Very lucky to be sitting on my position. I put in more of my net worth than what is prudent. No matter what happens, I made money in my best trade ever. I would have stopped after the first Paulson if not for Misiu, Trading, Fat JR et al. Thank you so much.
(17)
(0)Scroll down for more posts ▼
