Absolutely correct!!! I was heavily invested in
Post# of 148165
(Total Views: 858)
Posted On: 10/08/2021 3:09:04 PM
Absolutely correct!!!
I was heavily invested in another biotech at one time that got blistered every time they gave updated enrollment numbers. The shorts/bashers used the numbers as a measuring stick for how far away they were from full enrollment or they weren't enrolling fast enough. I would prefer the shorts NOT know because it increases their risk if they haven't covered when the company announces the final enrollment. Until then, giving enrollment numbers only tells the shorts/bashers they have more time before they need to cover. It's self-defeating. I'd rather wait until they reach the interim milestone, and then tell us.
I was heavily invested in another biotech at one time that got blistered every time they gave updated enrollment numbers. The shorts/bashers used the numbers as a measuring stick for how far away they were from full enrollment or they weren't enrolling fast enough. I would prefer the shorts NOT know because it increases their risk if they haven't covered when the company announces the final enrollment. Until then, giving enrollment numbers only tells the shorts/bashers they have more time before they need to cover. It's self-defeating. I'd rather wait until they reach the interim milestone, and then tell us.
Quote:
Here's why it would be bad for CYDY to continually put out progress reports on enrollment:
Every time a small company that is under attack from bashers puts out stuff like that, the bashers use it as another point of attack. It's aggravating to shareholders, and potentially it might scare people away from buying.
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My comments are just my opinions and should NOT be taken as investment advice.
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