RE:RE:GLMD up another 13% this morningWell at some point the price must we low enough for someone large to take a position. Right now THTX is trading at about 3.5 times sales. Is Thera such a scourge that no one will touch it no matter the price? Average sales to price ratio is just about 7. So Thera is only half of that. And at what point will insiders decide this is to cheap to pass up? Back when Thera bought back the rights to Egrifta and the PPS was .35 cents I took out a large piece from my PLOC and bought as many TH shares as I could. I thought at the time that it would go up to 2.5 to 3.0 within a couple of years. Aren't we in a similar situation here? Palinc made an interesting point about Dubuc not to long ago. He doesn't own that much, in fact considerably less than many of us here. So, Mr. Dubuc, I challenge you; if you believe in the story you are trying to sell to potential investors then can you please buy considerably more than a 1,000 shares next time? Even if you have to borrow the money from your PLOC.
qwerty22 wrote: I think we all now recognize we are in a hole when it comes to market interest. Getting out of that hole is a process and this report is one step in that process.
We can spend our time wondering how we got in the hole, spend our time describing the fact that we are in that hole, spend our time identifying the route out of the hole and spend our time identifying steps the company are going through to actually get out of that hole. All of those probably have some use, ignoring any of them would probably be wrong.
Mr Nash's report and the market response probably show us we are in the hole and also the ultimate route out of the hole.
palinc2000 wrote: I guess there are no tax sellers for GLMD