RE:RE:RE:potential biogen acquisitionsnice joke. you know, few millions collected from shareholders are only enough to issue the management pay cheques every month. you are not going to see clinical trials happen without a partnership. no deal no future for PMN.
Gbathat wrote: i recommend we support management. It is their product, their innovation, their IP. We are along for the ride.
It is fine to ask for updates etc if we are not getting them, but we are getting updates.
However, if all the shareholders come across as whining and angry, it does us no good in the long run. i'd prefer that management see us as supportive, as I think that will best encourage them to act in our interest at the end of the day. I am not a fan of the coup talk on this board. If Biogen, a $30B company, makes mistakes in this challenging development space, I don't think we can have unrealistic expectations for our $35M company to always predict the future and make perfect decisions. Yes, $500K salaries seem high (they are), but I personnally want the best technical brains going after this insanely large market opportunity.
I'm currently down about 30% on my investment. I know others are down much more, and that is extremely frustrating. But it is a penny stock and it could bounce back any day and then some. I still believe in the science behind this company.