Share priceSorry SWNE
DS2*2⃣
Every day there is a bid and an ask and we
have been trading in a range of .20 to.23.
So for TFSA top up trades that is the market
price.
Anyone experiencing a margin call forced sale
would have to take less than our range.
Anyone wanting to buy a large block would
have to pay more than our range.
Someone wanting to take us over for our patents
and tax losses would have to pay more than a block trade.
Once we get some future good news the range
should move up. Actually filing to the FDA will
be considered good news by the market.
Getting a thumbs up from the FDA will be the 10
bagger. But getting a thumbs down is the equivalent
of tripping at the finish line.
Yes we win No we loose. I don't see any middle ground here.
If anyone sees an outcome other than a yes or no from the FDA let's
hear it.
Which is why investing is about owning a basket of stocks and
letting your winners run and fighting the urge to average down.
It is that urge to double down that usually bites us. Here is hoping
that isn't the case with TST as most of us have averaged down more
than once.
Here is to this ⬆️ Not this ⬇️ From the FDA
ASAP in 2015.
HT