RE:Extra lump of coal in our stocking this yearRaze, you and Wizz are the two posters that help keep me relatively sane on this.
Ultimately my real issue here has been one of managing expectations.......my expectations.
These expectations have been driven to an extent by the enthusiasm of the presentations done by Microbix over the past few years. As this is one of only two microcaps I own, I continued to buy the "hype" When i use that term I do not wish to imply that the hype was artificial. I entirely believe that thought VTM was originally an explosive addition to their products, that a Kinlytic deal was imminent, and that they would be signing POC agreements at a much higher and faster rate than they were.
Ultimately, I am certain that they as dissapointed with Q4 as we are, especially given the 'suggestions' that it would be transformational....I suspect that held our feet firmly on the ground throughout 2022 when the share price slid with the market. I for one, was waiting and anticipating a big 4th quarter, and was quite dissapointed with the last presentation which made it clear immediate good news was not forthcoming.
Finally, I think all that is left for me is to recalibrate my timing and my investment expectations. I had hoped to 'lighten the load at the end of 2022, and instead will recalibrate to buying some omore on current weakness in early 2023". Wizz keeps saying the long term outlook hasnt changed only the timing has. Ive been in since 2009, so for me timing is not inconsequential.....but thats Small cap investing I guess.