Knight Therapeutics Inc T.GUD

Share price

[Lookingforclues]

Above never went over I think $5.12  but the shares were being bought back at up to $5.24

[porksniffer]

What does it matter? They were buying back as high as $7,50 years ago and have been buying all the way down losing all the way costing shareholders tens of millions. Meir's warnings were ignored because of arrogance. It is quite hilarious to watch the market school this arrogant managment. 

[EbbFlow88]

They also sold those shares to the public above 7.50 years before. Then bought them back for less. That's the past though, the reality is they are buying what they believe to be undervalued shares. Time will tell who's right.  I like what I'm seeing. I think this will be an interesting turning point in Knight. They are very slowly winding down their investments which will provide

[EbbFlow88]

They obviously think this is absurdly cheap. They are buying as much as they possibly can here.

[EbbFlow88]

It also seems like someone else is accumulating GUD. Big chunks of stock being bought the last 3 days

[Snowballgrowth]

I guess we should get more info next week. We need to see growth and better margins

[MrMugsy]

Remember - attitudes and the make-up of shareholders really isn't going to change much until we see this going to $12-$15 ... until then it will continue to be tightly held with very few new entrants.  Once we get there ... likely showing good growth and ROW is happening for a new investor base to hop on.  IMO.

[Snowballgrowth]

My comment wasn't about stock price or "" sentiment"", it was about GUD's financials results. 

[MrMugsy]

True Snowball - I think I accidently quoted the wrong comment when made my comment about when we likely see a change in the shareholder base and an interest in the shares.  Sorry about that.

[Snowballgrowth]

No problem. We all need to see good results now. 

[MrMugsy]

That would be good - anyone been following COVID in S.America?  Is it stable or getting worse?  Haven't been following.  Might give us a better idea of how thing are looking in general.

[gudisgood]

In Brazil, cases are down, deaths are down (from max. of 4000 to now 1000 a day), and about 50% of the population has received one vaccine dose. They're opening up the economy as we speak, here's Bloomberg from three days ago: Brazilian states and cities are preparing to suspend most limitations on businesses and gatherings as Covid cases and deaths drop to the lowest in months while

[MrMugsy]

Good - keep them getting vaccinated !!! Hoping variant(s) don't sneak up on us - vaccines should help us out here.

[porksniffer]

This is not accumulation. There is a flipping of the shareholder base; been ongoing now for over a year in case you haven't noticed. Mangement is so desperate to prevent sub $5.00 price they are buying daily to prevent this turd from dropping below the threshold where many funds will not hold it.