I’ve been reading all the posts, but not comment
Post# of 36568
(Total Views: 178)
Posted On: 11/26/2019 12:55:20 PM
I’ve been reading all the posts, but not commenting much... because what is there to say right now as we wait?
I did have a thought re: GNBT’s relative radio silence, especially on sales numbers. I suppose there are 3 possible reasons for that:
1). There is nothing to say, and sales are not impressive to-date or even projected for fiscal 2020, so they’re biding time (I hope this is not the one).
2). They are truly observing a “quiet period”. I still believe they could announce sales goals in a way that would not break any rules regarding upcoming 10q info, etc. Don’t love this, but I’ll wait.
3). Joe truly has something to show, and he is gathering his forces to hit many targets at once: sales projections, NGIO spin, Naz update, etc to intentionally stick it to the people who have been screwing w the stock price. For a lot of reasons, I sure hope it’s this last possibility!
I’m now a bit underwater on my regular brokerage shares (2/3), but still up fairly nicely on retirement accounts (1/3). Have not bought any since 1.25 or so, but sure am tempted right here. Keeping powder dry for now.
Anyone been buying this week?
I did have a thought re: GNBT’s relative radio silence, especially on sales numbers. I suppose there are 3 possible reasons for that:
1). There is nothing to say, and sales are not impressive to-date or even projected for fiscal 2020, so they’re biding time (I hope this is not the one).
2). They are truly observing a “quiet period”. I still believe they could announce sales goals in a way that would not break any rules regarding upcoming 10q info, etc. Don’t love this, but I’ll wait.
3). Joe truly has something to show, and he is gathering his forces to hit many targets at once: sales projections, NGIO spin, Naz update, etc to intentionally stick it to the people who have been screwing w the stock price. For a lot of reasons, I sure hope it’s this last possibility!
I’m now a bit underwater on my regular brokerage shares (2/3), but still up fairly nicely on retirement accounts (1/3). Have not bought any since 1.25 or so, but sure am tempted right here. Keeping powder dry for now.
Anyone been buying this week?
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