RE:RE:RE:RE:RE:RE:Amazing news from SaudiVax this morning !!Hightide22 wrote: A lot of moving parts and not a single one of us is in a position to control anything other than our investment in the company.
Our choices:
If you bought under $5.00 or even at $8.00 or $10.00 You can sell with what you will make or take a loss and move on and invest in something else to recover or use the gains to further your gains.
You can choose to wait it out and see where it takes us. The risk/reward is something that you don’t come across very often.
You can trust the company or trust what others say here and on other boards.
The company in less than 6 months has:
Brought a product to the market.
Submitted to the FDA/HC even with the goal post being moved by the FDA
There is bias on the FDS part in treating SONA different than US companies
I don’t like the fact that Canada has not stood behind SONA having given them the grant to begin with and being a Canadian company but they will come through.
SONA partnered with GE, BOND and now the Bonham/Wills & Associates ("Bonham/Wills"), a leading sports consulting firm
Engaged Saudivax to perform clinical trials and results are in as of today. The Saudi’s are on board and upon approval from SFDA will order. They would not entertain building a manufacturing plant for SONA’s test if they didn’t like the results and remember SAUDI want to throw their influence around the globe/mid east region not with their oil anymore but also in Healthcare and other areas.
The price has suffered as a result of poorly written NR’s and the company should take the blame for it.
Another way to look at it the price appreciation to $16.00 was a result of no news but a test is coming, if that makes sense, now that the TEST results are here a combination of Shorts / Market re pricing the product is in play and we have seen a fluctuation and downward pressure on the price.
I don’t think the story or the fundamentals of the company has changed but rather that they are proving that they are capable of jumping over hurdles thrown at them and going on about their business.
Once we have approvals and sales confirmations we all know where the price goes.
The hard part always is what we are going through now, should I sell? I should have sold at $16.00? let me just sell at 6.58 and take the loss. No one here can help with that.
Each has to make their decision and decide if they are comfortable with what they have or choose to leave.
I could not have said it better myself. Risk/Reward people, are you in or are you out, your call. I know I'm in for the long haul. GLTA