that makes sense. At the end of the day, i'm no
Post# of 154090
(Total Views: 453)
Posted On: 08/30/2019 2:29:32 PM
Re: Bored Lawyer #6992
that makes sense.
At the end of the day, i'm not a biotech guy, which is the problem. some of the investors here may just understand that "that's the way it is" as a biotech common shareholder - i.e. the SP is at odds with the money raising process, and that the common shareholders may sustain big losses for a long period of time as a result. I know that now, but didn't grasp it a couple years ago. I also don't totally understand the process with the FDA.
Thus, absent any real research coverage, i'm left with presentations by the CEO, and those haven't totally inspired me - and at times left me feeling like the goal posts are being moved. these boards have been good, but there are some absolute clowns as well - especially on iHub.
Anyway, at this point i'm not selling. and if some on here are right and we get full approval, financing, etc., then i'll hopefully recover my losses (and then some).
Hope everyone has a good long weekend.
At the end of the day, i'm not a biotech guy, which is the problem. some of the investors here may just understand that "that's the way it is" as a biotech common shareholder - i.e. the SP is at odds with the money raising process, and that the common shareholders may sustain big losses for a long period of time as a result. I know that now, but didn't grasp it a couple years ago. I also don't totally understand the process with the FDA.
Thus, absent any real research coverage, i'm left with presentations by the CEO, and those haven't totally inspired me - and at times left me feeling like the goal posts are being moved. these boards have been good, but there are some absolute clowns as well - especially on iHub.
Anyway, at this point i'm not selling. and if some on here are right and we get full approval, financing, etc., then i'll hopefully recover my losses (and then some).
Hope everyone has a good long weekend.
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