RE:RE:One seller, many buyers.. I get it, itsend. Today is the kind of day that causes stress. We have several people on here who can't or won't refrain from expressing anxiety. It's like they don't and maybe never did understand how this works, what the various moves forward will look like and how long they'll take. The goal is to get the science done. The company is doing that. The company has very clearly expressed this and is pursuing these goals as hard as it can. For me, that's what's important - set serious strategic plans and get them done. Everything else is outside of my considerations. I don't like the dilution that low share prices can bring but giving up and not getting the science done is not an option. A hard day like today is a day that cannot distract from the goals.
Scotiabank has sold almost a million shares over the last 2 months and I believe that much of it has come from one seller. I've seen it so many times over the years on multiple stocks where a motivated seller, when he gets towards the end of his holdings, decides to puke it all out in one great big retch. It's as if that person is sending the company's shareholders and officers a great big FU. Ok, we get it. Goodbye and good luck. We're moving on without you, thanks.
I sometimes worry about my own attitude to days like this. I never have and never will get too bent out of shape about them. About your own self, itsend, I'm not sure that weary, impatient and angry shareholders will be enriched by you articulating why you're out of here. I understand that you felt the need to say it, and it is your right to say it. Maybe some shareholders reading it will empathize, some may capitulate as a result, but from the looks of it, over 300,000 shares have been sold today and all of them have been bought by people who obviously want them.
With speculative stocks that have a chance to pay off big, the name of the game is how many shares you own. The multiplier effect can be huge. This is probably considered to be a good day by those who hold that view and believe that Bioasis could be the right vehicle to accomplish that.
jdstox