GREY:ATBPF - Post by User
Comment by
MrMugsyon Dec 20, 2020 12:23pm
238 Views
Post# 32149166
RE:RE:RE:This stock has dropped the whole year
RE:RE:RE:This stock has dropped the whole yearYukonJezza wrote:
it's trading where it was In March. Everything else doubled or tripled and kept their gains. Ate did not. Nice try though
Comparing to other companies works when you're talking about mature companies in similar industries - but - to have expectations about one biotech based on broader market moves is probably useless. This one will move on its own merits when investors get super-excited.
You either see value in a growth company like this ... or you don't.
You either think this company is going into Phase 3 a winner or you get out because you think it's the end of the road. You either believe in H2S as a future industry and ATE as the leader in "gaseous mediators" or you don't. You think their academic studies will make them more desirable or you think it's all "smoke and mirrors."
It's about patience in the process ... as this company proves its worth to others. That's where ATE is right now. I have faith in the process, not in an expected annual return.