RE:RE:RE:The sea is a dark placestockbuphoon wrote: Hey Staghorn,
I know you have a lot of family money invested in this stock. I recommend if you believe in this company as a long term investment, I would go to the AGM and talk to Pierre, Fred, Bruce, Lynne and especially Dr John Moran who is working for the love of it as he does not need money. I see you have not ignored dividend investor/ risk averse shortypants less than intrepid TeaBagger (should not be in a development biotech with explosive potential) so you are believing that we need a smaller money deal now rather than a monster deal later. Hey, I'm not against it at all but who do we think holds the power in this arrangement with each piece of efficacy data?
You have owned for a few years and we have done multiple financings with good syndicates or the billionaires. Were you that worried about financings during that period (I don't remember you fretting over it back then) when we had proved much less about Plasminogen (wound healing and TMP were not there) and all early positve indications of 4050 on MetSyn, IPF, AS, CKD, etc? I mean, we have come a h eck of a long way. What is the worst that can happen when we run out of money in 2018 if there are no deals (which is highly doubtful with results we have)? We probably will have a sweet deal soon so this is a what if scenario. Cold it be another debt (see Thomvest previous financing) or equity financing by existing syndicate or by Soon Shiong or Thomvest to really kill the shorts?
Don't get me wrong, I want nothing more than to see the potential value built into share value of the analysts conservative estimates but I trust the mgmt of this company is doing their best to strike a deal which is meaningful and reflects true value to their shareholders. If you don't believe that they are acting in your best interest (Pierre with almost 10M shares), make the hard decision and sell although I would like to see a long stay for the ride after going through a lot of previously much more uncertain times. Go have a beer and walk the dog. This stock take it out of you sometimes.
Hey Buffoon... Yeah maybe it is time to resort to alcohol LOL... I find lately that I am tired of most beer, and tired of Captain Morgan, so tonight I am going to try a bottle of Basil Hayden bourbon for the first time... I need a paradigm shift for my drinking.
As for the suggestion some make that "some investors here should sell this speculative stock and buy bonds. Just sayin", and I think that was aimed at me - I don't have to be a pom pom waver 24/7 to be a committed, knowledgeable long term shareholder. I DO want SOME kind of deal, at the RIGHT terms for us and for the company. The writing is on the wall for a BIG payday, yes, but for some reason that hasn't happened yet. All I was doing was playing a bit of devil's advocate to the hype, that's all.... Someone puts THE MONEY on the table and I will pump and pom pom with the best of them.