I think it just is the wrong time to judge GNBT ju
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Posted On: 09/04/2020 12:21:39 PM
I think it just is the wrong time to judge GNBT just based on its share price /market cap.
What we all need to focus on is the intrinsic value of the company, and - based on what I heard from Todd - that is what the GNBT management is doing too. They don't really care about the pps these days, but on creating additional value for the company and eventually this will also be reflected in the share price.
However, I agree with you, that they - especially Joe - needs to become more reliable in his predictions for time frames. If he says "coming days" this should never refer to more than one week, and if something is causing a delay that extends this time frame then he should let us know what the reason is,and not just let us stand in the rain waiting for his announcement to be delivered. Theft for sure hurts his credibility and in the end is at least one reason for the current pps.
What we all need to focus on is the intrinsic value of the company, and - based on what I heard from Todd - that is what the GNBT management is doing too. They don't really care about the pps these days, but on creating additional value for the company and eventually this will also be reflected in the share price.
However, I agree with you, that they - especially Joe - needs to become more reliable in his predictions for time frames. If he says "coming days" this should never refer to more than one week, and if something is causing a delay that extends this time frame then he should let us know what the reason is,and not just let us stand in the rain waiting for his announcement to be delivered. Theft for sure hurts his credibility and in the end is at least one reason for the current pps.
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