RE:RE:RE:RE:RE:RE:RE:RE:RE:Tactics used x Hedge Fund & MM to acquire shareholder stockI have traded my way closer to break even thanks Noteable, from 95% down. I keep a core holding, usually at a loss (20-40% depending on market conditions), and I hold because in the next 6 months I believe there is still the potential to break even, and potentially double my investment.
But as for thinking this is going up 10 times, or 25 times from current valuation is in my mind, pure hopium. Matt will either have to accept the offer he's given, or the company folds, as it simply cannot afford to run a phase III by itself, not without massive share dilution.
The question then becomes, is Bracelet-1 data compelling enough to drive such a deal. If it isn't, mBC is dead in the water... then it's all about Roche and Panc. So this is still very much a gamble, and given the track record of trials (let's ensure we include the disastrous Phase III for H&N) even good recent data is not a given. I will sell my core holding (at a loss if I have to) if a deal is not done in Q2 2023.
I'm no longer 100% in ONCY, so can no longer be wiped out if they fail.