GREY:ATBPF - Post by User
Comment by
funky99on Sep 01, 2016 10:01am
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Post# 25198798
RE:RE:As a Long, What Discourages Me?
RE:RE:As a Long, What Discourages Me?I personnally think the Biotech sector in Canada has suffered for a while compared to the US. Money has flowned in the traditionnal healthcare pharma sector the last couple of years. I believe in innovation in drugs and there is value there. Eventually, market will recognize it. Check Cynapsus Therapeutics Inc CTH.V who was acuired by Sunovion Pharmaceuticals. Shares were trading at around 0.35$ in 2013. Look at the history there has been multiple financing and dillution as well. Unfortunately, nothing happens in a day for a company in development. I like the prospect of ATB-346 drugs, think it is a need in the market, the Board of Directors and management is solid imo. If you don't like, sell and move on. On my end, I will wait patiently.