RE:RE:IF...Hempdoc wrote:
Bunge wrote: If you had sold your shares @ 60 cents back in May 2019...
If you were going to re-enter how many would you buy back right now?
100% ?
200% ?
Would you put it all back in and buy 4X the shares you had with the same money?
Just curious.
Trying to guage confidence with this question.
I would probably just buy back my 200,000 shares TBH.
Hmmm...Is this a trick question? ; )
Considering that all of the initial 12 patients were significantly under treated & we were still able to generate an almost 60% response at 90 days & a 25% CR, I would certainly have one hand fully extended & loaded with cash. My other hand would be extended, but agonizingly empty & begging for some valid results...based on proper study protocols.
Though I try to keep emotional discontent to a minimum, I cannot ignore the reality of their history & prior shortcomings/mistakes. Once I have seen they have learned from their history, I'm all in. IMO, our science/drug was never broken...just the process/individuals trying to prove it. The fruit of patience can sometimes be bittersweet. Fortunately for us, I believe we've already tasted the bitterness. Good luck...
Thanks for the answer.
Wasn't a trick question.
Just goes through my head that I was up to $120,000 in May '19.
Always think to myself if I had sold would I have the confidence to buy back 800,000 shares today.
I personally don't think so because of management.
Maybe I'd buy 400,000 with a view to selling half
when/if we got back to 30 cents.