Post by
Stocktree on May 24, 2023 10:59am
Not a "fudster", just not a pumper
You think the role of a poster is to promote the stock. I think it is to discuss the pros and cons of an investment. And since you are always exagerating the potential of the stock on a volcanic scale, and without taking into consideration the history of the company, other posters need to balance your used needle salesman act.
In this case, it's easy.
10 patients over the last 132 days.
At this pace, the end of recruitment, not of trial, is August 2026.
Dead money until then.
And with app. 1 patient enrolled per site during a period of 4+ month period, the product is not showing promising to take over the sepsis market any time soon, so no revenues for a big while.
Also, where is the cash we were going to be buried in thanks to Dialco? Let's forget about that adventure altogether I guess.
And for longtime shareholders who are not pumping the stock this morning for day trading purposes, the stock is still at 32 cents, which is in the realm of what it has been for the past 20 years.
Volume today at 11:00 am: 0
Comment by
Stocktree on May 24, 2023 11:43am
Never use the shortest most favourable period of time to extrapolate.
Comment by
mercedesman on May 24, 2023 1:07pm
The trend is your friend ( particularly when measured from a fundamental change event - like say a new CRO appointment or Invesitgator Meeting ) ...but I suspect that you have no friends, and wouldn't know this. MM
Comment by
BayStreetWild on May 26, 2023 12:55pm
Which time period is this trend for 20 year or 5 year or 1 year? They're all more or less the same.