I think Joe was trying to say something to offset
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Posted On: 02/26/2020 8:11:38 PM
I think Joe was trying to say something to offset the angst of the dividend without providing anything significant. Most people who want to sell some GNBT will do so this next few days. At 56 cents most are still underwater even with the freebies. I would hold off on the good/important news until Friday or Monday as long as the 56 area holds. maybe dribble some small news out. For instance, tomorrow I would provide details of the YOY numbers for Pantheon. Friday do MedSource etc. Monday have an update on Excellagen sales. Tuesday will have been a full week since the dividend, so release the NGIO S-1 has been filed news.
Obviously it would be fantastic to hold off on a china deal until the first days of NGIO trading but that news may be too big to hold. That is a shame because if there is no institutional interest something is going to have to excite the market for NGIO to hold up.
Obviously it would be fantastic to hold off on a china deal until the first days of NGIO trading but that news may be too big to hold. That is a shame because if there is no institutional interest something is going to have to excite the market for NGIO to hold up.
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