Agreed. One thing I have thought about quite a b
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Posted On: 12/23/2021 3:56:54 PM
Re: Evil Rabbit #113134
Agreed.
One thing I have thought about quite a bit, is exactly how sophisticated some of these traders are. A year or so ago I looked at a few of the tweets that Tim Sykes sent out along with replies. I was pretty surprised that some of them seem to know nothing whatsoever about the drug, or even the company. They were simply looking at the technical picture. And I am sure that the SP being down 80% year to date has only accelerated that momentum trade. I’m not saying all of the traders and shorts are uneducated about the fundamentals, but I think a good number of them are and are simply selling this down and following the momentum trade.
My point is that I agree with ER that it is going to take something significant to move the PR in a meaningful way. In my mind, that is a big impressive study that crushes the endpoints, or a partnership with a very reputable deep pocketed partner. Maybe we get both!
Hope that everyone on the board, at least the loyal longs, has a great Christmas. It has indeed been a brutal year and this thing has beaten me up a little bit psychologically and financially. That said, 2022 will be our year – – I’m highly confident of that. I just hope it is sooner rather than later.
One thing I have thought about quite a bit, is exactly how sophisticated some of these traders are. A year or so ago I looked at a few of the tweets that Tim Sykes sent out along with replies. I was pretty surprised that some of them seem to know nothing whatsoever about the drug, or even the company. They were simply looking at the technical picture. And I am sure that the SP being down 80% year to date has only accelerated that momentum trade. I’m not saying all of the traders and shorts are uneducated about the fundamentals, but I think a good number of them are and are simply selling this down and following the momentum trade.
My point is that I agree with ER that it is going to take something significant to move the PR in a meaningful way. In my mind, that is a big impressive study that crushes the endpoints, or a partnership with a very reputable deep pocketed partner. Maybe we get both!
Hope that everyone on the board, at least the loyal longs, has a great Christmas. It has indeed been a brutal year and this thing has beaten me up a little bit psychologically and financially. That said, 2022 will be our year – – I’m highly confident of that. I just hope it is sooner rather than later.
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