stocksluice wrote: Thank you, Bumfry, your take is the correct one. I've never begrudged anyone assuming NVO is a done deal. I don't see it that way, yet. Reasons that have been given on ceo.ca, put mildly, are that I'm intellectually challenged, a hypocrite, a nay sayer, a short seller, blah blah blah. Vilification for remaining open minded and neutral is simply not an option for some in these highly polarized times. WisGuy1 has a good rapport with QH, and as such is worth following, but he has admitted to being made uncomfortable by anyone not fully committed to what he sees as NVO's inevitable success, and hence, wishes to keep his eyes, ears, and mind closed to thinking their success may not be inevitable, let alone imminent.
FYI, I define success, at the end of the day, by free cash flow... If NVO can provide clear indications of at least $10MM FCF by 1Q2021, I'll up my position to 5 figures of shares in a NY Minute (just from my previously realized gains from NVO in 2H2017 alone). As I've said repeatedly, if I didn't agree that NVO has enormous potential, I wouldn't be expending my time on a daily basis closely monitoring and evaluating their progress for the past three years. The day I stop, will be the day I no longer buy into that potential. On that basis alone, WisGuy1 should be pleased to see me keep posting. A lot of NVO acoyles vilified me for having taken profits >$7-8, raising red flags throughout 1H2018, and having announced reallocation of the majority of my remaining holdings to KL a day prior to the infamous May 31st meltdown. It's all there on the record at ceo.ca for anyone caring to look.
I've had a career in the resource exploration industry, and have developed a pretty good sense of what it takes to bring major projects to fruition, and of potential pitfalls along the way.
I do not at this point view NVO's success as a given. There is a lot of work to be done yet, and obstacles to be cleared along the way.
I'll continue to give credit where credit is due, and raise issues I think deserve greater resolution.
BTW, I only post under one handle, here, ceo.ca, and hotcopper.com.ax
Best wishes, and good luck to us all!