Here is some speculation on perspective for you...
Post# of 36536
(Total Views: 285)
Posted On: 02/19/2021 4:47:12 PM
Here is some speculation on perspective for you....If GNBT did not have the vaccine info complete and awaiting deployment would they have instead have issued shares instead of paying cash for the judgement and kept their cash closer to aid in further development?
If they are satisfied with their stage of development they no longer need their cash as their partners have all development costs covered...if successful...If not successful, GNBT would have had to keep cash close to cover new testing, etc.
Perhaps that is climbing the ladder of inference one rung too high, but I think that the 8k today indicates that we are ready for liftoff in many aspects of the business. Here’s to a great week next week!
If they are satisfied with their stage of development they no longer need their cash as their partners have all development costs covered...if successful...If not successful, GNBT would have had to keep cash close to cover new testing, etc.
Perhaps that is climbing the ladder of inference one rung too high, but I think that the 8k today indicates that we are ready for liftoff in many aspects of the business. Here’s to a great week next week!
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