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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a Canada-based specialty pharmaceutical company. The Company's principal business activity includes developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada... see more

TSX:GUD - Post Discussion

Knight Therapeutics Inc > Very undervalued
View:
Post by Golddetector on Mar 10, 2021 9:54pm

Very undervalued

At 0.77 of its book value, this growth stock is really beaten hard. I thinkg buying at these levels is a steal. I do not see anything wrong fundamentally with the stock. I Added more today. I have no problem waiting. I bought in for the long run. It is a matter of time before it bounces back. There are couple of guys bashing here. I think they are shortening this. Really guys at these levels? Short positions dropped drastically since end of December to March 4 from 4.6 million to 1.9 million. Obviously most of the shorts covered already. Imo we have seen the bottom or we are very close. ceo has a great track record and I like his long term approach. No rush. Gl longs
Comment by MrMugsy on Mar 11, 2021 12:15am
Agreed ... but we may have to wait a bit for true upward movement. South America is hard hit by COVID and it's hard to tell how quickly growth will return - each country may come out of this differently.  We know Brazil looks behind. Hard to move optimization forward in a meaningful way ... but we'll get there. Patients and thick skin needed ... but ... I expect to be rewarded ...more  
Comment by Golddetector on Mar 11, 2021 7:22am
I think that is the only reasonable action for the moment. Average Pt set at 7.56 by analysts.
Comment by Chianchin on Mar 11, 2021 8:28am
Short sellers are more than happy when you buy more shares and add more losses. 
Comment by Golddetector on Mar 11, 2021 12:47pm
As is this should be above 8 imo. So you have been doing a good job so far in pushing this down but I think you are going too much here. I got into this during my search for undervalued growth stocks so other ppl will be joining the party soon. 
Comment by Chianchin on Mar 12, 2021 7:18pm
So far only new short sellers have joined the party earning lots of $$$$ short selling even while GUD was active with the share buy back at the high of $ 8 and all the ways down to $5. Sadly, hard financial facts are difficult to digest and live with for a long time such as GUD sad saga for investors.  Denial is the only rationalization alternative for long investors till they see the ...more  
Comment by Golddetector on Mar 12, 2021 11:05pm
I disagree. The hard facts are short volume is down from end of dec to latest report on mar 5th. You can check the published short position history. As for the q4 the sp   Sets very low bar ie normal results will push sp higher. The pt is not set by me the analysts set it at 7.5 in a year time. I bought this lately so I'm not down on it and trying to justify my position. Actually I'm ...more  
Comment by Chianchin on Mar 13, 2021 6:54am
Come on Gold......you claimed to be "Accumulating" for the past five Years at least. That totals a huge 40% loss  $$$$ more or less 
Comment by Golddetector on Mar 14, 2021 1:34pm
I think you are referring to anther person with a very similar nickname. My first position here was earlier this year that when I opened my position. Anyway if the sp was at 6 or 7 now I would have bought in also. I just got a bigger discount thanks to you shorts. So in away you guys helped me. Just do a simple comparison with peers and you will see you are getting a discounted sp. it might take ...more  
Comment by MrMugsy on Mar 14, 2021 6:46pm
Hahaha - does our friend Chian (Aka Looking4Clues) think you're GoldenInvestor?  Unreal. And I'm sure he has nothing else to offer except his complaints.         : ) Hope you saw Goodman's video from 2014 ... probably the one thing you need to add you your understanding of the company.  Sorry if I already offered this to you - can't remember who ...more  
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