RE:RE:RE: fdesloges: as nice as your words are to readI would guess that PLI is probably under owned by institutions broadly. Whether the 3.5% is the correct number , who knows. I suspect its higher but still low compared to conventional ownership levels. PLI is viewed as a risky biotech and the masses are waiting for PLI to be "de-risked". I also would concur with Barcodes assessment that PLI mgmt is probably in the penalty box for missing their goals in the past.
I believe PLI is being " de-risked" at this very moment. PLI is building a business while the investment community is saying " show me the money". I would like to be a fly on the wall in
a PLI Board meeting to know exactly where the de-risking strategy is at the moment.
So when the de-risking is done and the institutions get the message, I don't think you want to stand
in the way of the PLI train. That timing may coincide with a NASDAQ listing.
As one of the long time holders, I sleep well knowing that our time is not that far away. We have come along way from the dark days of .10 cents or less.
Thanks to all those who share their perspective and insight into where PLI could be headed. It does help frame ones thinking about what the future may hold.
GLTA
Coyote13