Knight Therapeutics Inc T.GUD

Slip Slide and Away!

[indoubtgetout]

Sleepy Jonathan is on vacation and so is GUD stock.   The biotech index has been on fire for a long time now...investing in GUD is dead money - the charts confirm this.   Jonathan has to pick up the pace and improve his game - or at least demonstrate that he really wants to play the game then maybe he will want to WIN THE GAME.   Right now, Jonathan does not want to play....

[Snowballgrowth]

I made the mistake to add again this morning :) Hoping for some return one day ! 

[Benedict16th]

The whole GUD MNGT is at sleepy. Did you listen to their super charged audio report week?  I feel bad for Mug, as the more positive he tries to be  the share price continues to fall. Not good.

[Snowballgrowth]

yes I did listen. It was close to be boring. We follow the company closely and I agree, many shareholders seem now impatient. 

[mjn797979]

Biggest mistakes made were adding as its going down. I am done adding this but as we can see from last 3 months, including 2 earning calls and acquisition completion, its down even more. Its become painfully clear that direction will not change unless something major changes. I was way too patient with this. 

[Snowballgrowth]

  I heard this comments very often from investors. I think many many shareholders think like you and they will sell as soon as they can. 

[mjn797979]

Well for this company, just think a second, if you have been adding on the dips for the last 6 years, which is a long time, the share price is back at 2014 levels. They had 800 million in cash, they made an acquisition and its down more than 20% since. We are under 6.50$. I don't know what can turn this around.

[indoubtgetout]

Its all about what to do with your money?  Do you continue to hold a DOG like GUD and MAYBE only buy it after it's stock price gets HAMMERED then play the very short term bounce to get out at a better average price OR just sell it and move your monies into something else that has better volatility, liquidity and chances of making money?   Jonathan will decide this for you and I

[Snowballgrowth]

  interesting, what do you mean by his decision is close ?

[indoubtgetout]

Jonathan will get his act together and pick up his game or shareholders will dump his stock!!   Frankly, GUD should not be publicly traded company but that said, Jonathan uses GUD as his play toy - he is the President!!!   He really does not care about shareholders - so in the end, Jonathan will continue to be President but GUD stock price and Jonthan's net worth WILL BE

[Snowballgrowth]

  ok I see your point of view. Thank you to share. BTW Ms Samira Sakhia is the President of the company. 

[indoubtgetout]

Correct...Jonathan is CEO (not sure why there is a President role).   Interesting that Jonathan only controls 17% of GUD voting rights.....why don't shareholders vote him out?   Is the that critibal to the company?   Surely someone else can lead the charge into emerging markets better than Jonathan......

[indoubtgetout]

What do you do when you are failed CEO?   Well, you either do the right thing and transition your role to someone that is competent which will benefit ALL shareholders, or you continue doing a terrible job and destroy value, not only to yourself, but to all shareholders.   Jonathan will either work to announce some changes soon or all shareholders go down with the ship.  &

[drippingsnot]

I don't think there are major changes coming. Internally - Yes.  The changes will likely come in the form of improved effiicencies at GBP and new drug deals for South America and/or Canada.  Outside of that, I doubt we see any changes. They officially haven't even completed the purchase of GBT yet so nothing really starts to happen until that takes place.  Add to that

[mjn797979]

I think the market agrees with you that no changes are coming as the price is going back to 5$. Is the market right? Future will say. Last 6 years it has been negative, remarkably in a major bull run in almost all sectors except oil and gas.

[noob32]

My thoughts - I am long. Yes, it does suck with how the markets are treating this stock. It may go below 6 probably. I am done adding to this stock no matter what sp it goes to anymore as I've have a quite large position already. But I still believe in the company and mgmt. I am able to sleep at night because I know they don't carry a huge debt, have sufficient cash, Corona is not having a

[Benedict16th]

The market/share price will inevitably push this MNGT out soon unless big changess arrive soon. MNGT may see the tea leaves and walk in grace before being pushed. -25% down so far this year. It is a fact, not an oppinion or debate

[mjn797979]

If you sleep well now with the share price tanking, you would sleep like a baby if we actually were trading positively. Another thing I would recommend since the last 6 years have been a waste, share price wise, is to stop buying the dips. Bad strategy with Knight as you can attest from looking at the chart.  I made that mistake.