Post by
PWIB123 on Aug 08, 2023 4:03pm
Death Spiral
SPCEO1 - The explanation you provided on the institutional seller makes sense, but how many companies have you seen recover? I hope many. I have one success story I can point to in a different industry and it took 4 years from the low point like we are seeing today. I don't have enough experience in BioPharmaceutical, but this looks like a death spiral. I can think of many companies that never recover from this kind of trading action regardless of their future prospects. They just lose more and more access to the resources they need to pull it off as investors turn their backs on them.
Comment by
Mannequin on Aug 08, 2023 4:08pm
The stock value and a stable footing for it is the currency a company typically requires and relies upon. In our case what has happened is that all investors big and small are acting on what they see and hear. What they see is a falling share price. What they hear is nothing.
Comment by
Lee430 on Aug 08, 2023 4:22pm
Let’s see to get the SP above $1 should they. A) Put forth the effort to finally engage with retail or B) Just flip the switch on a reverse split and see what happens ;-O This would be a whole lot funnier if my retirement wasn’t at risk here.
Comment by
Trogarzon on Aug 09, 2023 10:14am
Ask them if they have to put out shares @ 25 cents
Comment by
Trogarzon on Aug 09, 2023 10:15am
Just to remaind people that we stand at 36 cents now.
Comment by
Trogarzon on Aug 09, 2023 10:40am
Maybe Paul could waive his salary and make the 20m possible.
Comment by
Trogarzon on Aug 09, 2023 11:06am
Anyway they could say something to the fact that everything is fine over there that now one would listen. So let's wait and pretend they are going out of business.
Comment by
PWIB123 on Aug 11, 2023 7:37pm
I will try to call you next week SPCEO1.
Comment by
LouisW on Aug 09, 2023 12:44am
@SPCEO A significant institutional holder like you probably can directly talk to Paul or Dawn, right? Will you call them?
Comment by
SPCEO1 on Aug 09, 2023 9:37am
What would you want me to ask them?
Comment by
Trogarzon on Aug 09, 2023 9:49am
Tell them to wake up and call buyers to profit from the givaway
Comment by
Trogarzon on Aug 09, 2023 9:55am
If they could ink an out licence deal for Th1902. Maybe the Chinese want to cure cancer first.
Comment by
PinnacleX on Aug 09, 2023 12:06pm
How about you tell them to put the company up for sale, no matter what. That is the only way to save anything thats left.