Khiron Life Sciences Corp V.KHRN.H

RE:RE:Any hope here for 2020?

[Kyle2020]

Sorry to hear you are underwater with this. You asked for thoughts here are mine: 1) This company dedicates a lot of resources to creating positive analyst coverage directed at investors. Ignore it. Focus on real metrics -  industry trends, the company burn rate, revenue growth vs cost growth, company moat, competitive advantage etc. Avoid drinking the cool aid. 2) There are people on this board that I believe are mere company employees and will attack anyone who is remotely critical, be very warry of their analysis.  

Markets can be irrational but over time this ballances out. I dont hold this company, nor do I short it. I believe its hyped up its competitve advantage in a vertical that is getting saturated. They also have a high burn rate that grows disproportionatley to their revenue growth which, if the trend continues will necesitate some harsh changes and continued downward stock movement. 

This company to me resembles Wework insofar as the story on the face of it seems inspiring, but when you take a closer look at the numbers and operation it gets ugly.  This has been my opinion since 3 dollars until .90 cents and I think there is another potential for a 50% downswing from here in 2020. GLTA