RE:When to Sell
Camphikefish wrote: Perhaps it is a sensitive subject however, curious to see what others think. As I study the charts of other past hopefuls like sesen and Ibrx, there came a point in time when if you sold you made loads of money or held waiting for a higher price and eventually lost. I know it is an obvious phenomenon to buy low and sell high but there must be an art to it. Do most of you believe we will get to $10.00? I see where others might be happy with $5.00 and yet others think $50.00 and beyond is the number. What does your gut tell you the Theralase price per share will rise to? I will start by saying I believe somewhere between $15 & $ 20 based on all I've read and the rationale you all have provided. We all are wondering the same thing. I am simply asking for fun and curiosity what you folks think we'll get to. I probably do not have the nerve for waiting for much of anything beyond $12.00 as a threshold because of my age and goals for the remainder of this precious life. I can live with losing out on upside profit however, I can not live with a rise and steep drop which might never return upwards.
I look at it from a risk/reward perspective. Imo, an FDA approval for the current indication would be the final step in the validation of this science (the successful transition from bench to bedside). This achievement would essentially remove all risk for me, & moving forward it would be all about degree of reward. A pure cash deal would give closure to some, but certainly this ACT's potential reward would keep me in the game.
The only unlikely downside risk that I see would be if an acquirer were to hamstring our tech (disuse or at least temporarily place it on the back burner) for the sake of their own invested therapies/revenue streams. That's why I would negotiate in any partnership/buyout not only a hefty price tag, but also a reasonable timeline for intended use/marketing.
Knowing the unlimited rewards & value appreciation post approval (considering both cancer & infection indications), I'm not selling a single share until my retirement piggy bank demands it.