my latest...two bits
Two weeks after posting my last two bits, I am still fumingnot only at Medicago s’ management mishandling the investment aspect of apotential great company but also at the total nonsense, I have been reading onthis board. If you want to exchange personal insults please utilize the private message options. I understand that the lack of performance of our favorite stock is frustrating but it is no excuse for bad manners.
From my perspective :
1)Ricky is NOT a pumper in the prerogative sense of the word. He is simply an investor who has total faith in Medicago and its product. He feelcompelled to share his enthusiasm about this company with other readers byposting any information, he feels relevant and interesting. This board would bequite different without Ricky’s contributions and I admire his enthusiasm, hiscommitment and even from time to time,his “bonhomie”.
2)Medicago is fortunate enough to be miles ahead of its competitionwith a process that may revolutionize the field of vaccination. In the field ofimmunology, Medicago has the potential to become a giant to be reckoning with.In terms of research, partnership, milestones, ability to attract importantpartners and contracts, Medicago has made all the right moves.
3)However, in terms of understanding the market, to deal withall shareholders, to avoid stock dilution, to promote “effectively” the company,to properly price and established reasonable conditions for private placements,to truly understand the raison d’être of brokerage houses… it all seems to bebeyond their comprehension.
4)I have been dealing with scientists most of my professionallife. In all cases they are brilliant in their respective fields, most of themare lousy business people and all of them have little understanding of theintricacies of the stock market.
My major concern right now is aneventual total dilution of the stocks, a bad move for actual shareholders but ablessing for new shareholders….and management who more often than not is granted new options under the proposedconsolidations. When all warrants are exercised we will be approaching the 175million shares, which from my perspective is way too much for a company of thissize
On a more positive note, I expectthat we “may” be moving up when the beginning of phase 2 will be announced inthe weeks to come.