GREY:ATBPF - Post by User
Comment by
themagicboxon Oct 28, 2020 12:40pm
208 Views
Post# 31796055
RE:Sell-off again....
RE:Sell-off again....I think its fair to be concerned. Hindsight the red flags are there. But stepping back and objectively looking at this, the science has been significantly derisked. Its up to management to monetize this IP.
I still think this management team can do it, especially if they hire the right "deal guy". But I also think other (better) management teams would have done this faster and not missed so many opportunities. Like I said before, the best time to have uplisted was BEFORE ph2 results announcement.
quote=MasterAlgae]
ATE is not meaningfully impacted by what the TSX or DOW, S&P etc are doing. It is way too small. If anything it has a negative BETA which means ATE moves in the opposite direction of the markets, (proof that it is disconnected). The BETA of Antibe is "inversely correlated to the market benchmark."
It is tax loss selling season, indeed there has been massive selling in ATE since June - obviously.
Given the lack of news from the company and the wider economic environment, individuals' concerns may be rising about ATE, (I know mine are).
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