I will admit, I still have some questions, that pr
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Posted On: 10/04/2019 5:50:58 PM
I will admit, I still have some questions, that probably will not get answered anytime soon.
The one thing with what has been happening, especially after the retirement of shares, is it's easy to make assumptions because in all honestly, we just don't know what happened with that. But it's also not fair to arbitrarily blame GNBT or OTC or whomever, because it might not be their fault and it could just be the way things work.
What we are seeing with the PPS declines does make me suspicious to a degree, especially with what happened yesterday at the end of the day. That came totally out of the blue for the bid and ask. It just seemed too coincidental. Could it have been, sure, but...…
I'm eager to know about the NASDAQ situation. It feels like pulling teeth right now. I just want that over with and in the rearview mirror so we can move past and get on with future. Whether Fidelity is accurate or not, it shows GNBT has shown revenue, so I'm hoping all the acquisitions are positive as well and that's the last piece for the NASDAQ approval.
Then we have the 1:1 dividend. GNBT has publicly stated we would be seeing a 60/69 formula for not just a dividend, but it is a 'stock 1:1 dividend'. As I wrote before, this seems like a common practice with many companies, and so they know how to deal with this. So, this was one question I kept asking, but I feel pretty good now that we should not see a 50% stock price split and see the 60/69 formula. I trust GNBT to handle this one correctly for the shareholders.
I am a bit curious on the CC on Oct. 15th and why no info was put out what it is about basically. This makes people start the whole could it be about this or that thing all over again. This is where I wish GNBT would be a little bit better on their communication.
Overall, I feel good about the future. If not, I would have not kept investing in GNBT. Like some on here have stated, you can go short term or long term. This company is being built in my view for long term. Since I retired early and have roughly 2 years to hold, GNBT fits nicely into that scenario.
The one thing with what has been happening, especially after the retirement of shares, is it's easy to make assumptions because in all honestly, we just don't know what happened with that. But it's also not fair to arbitrarily blame GNBT or OTC or whomever, because it might not be their fault and it could just be the way things work.
What we are seeing with the PPS declines does make me suspicious to a degree, especially with what happened yesterday at the end of the day. That came totally out of the blue for the bid and ask. It just seemed too coincidental. Could it have been, sure, but...…
I'm eager to know about the NASDAQ situation. It feels like pulling teeth right now. I just want that over with and in the rearview mirror so we can move past and get on with future. Whether Fidelity is accurate or not, it shows GNBT has shown revenue, so I'm hoping all the acquisitions are positive as well and that's the last piece for the NASDAQ approval.
Then we have the 1:1 dividend. GNBT has publicly stated we would be seeing a 60/69 formula for not just a dividend, but it is a 'stock 1:1 dividend'. As I wrote before, this seems like a common practice with many companies, and so they know how to deal with this. So, this was one question I kept asking, but I feel pretty good now that we should not see a 50% stock price split and see the 60/69 formula. I trust GNBT to handle this one correctly for the shareholders.
I am a bit curious on the CC on Oct. 15th and why no info was put out what it is about basically. This makes people start the whole could it be about this or that thing all over again. This is where I wish GNBT would be a little bit better on their communication.
Overall, I feel good about the future. If not, I would have not kept investing in GNBT. Like some on here have stated, you can go short term or long term. This company is being built in my view for long term. Since I retired early and have roughly 2 years to hold, GNBT fits nicely into that scenario.
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