RE:We are getting optimistic As Sabbocat pointed out, insiders are blocked from trading since the end of November until after earnings are released in February. So, they can't buy even if they wanted to. Plus they will no doubt have already been granted some really low cost options. With the stock price so low and a some positive developments possible, perhaps a little optimism is called for. If we just get no negative developments, the stock should rise to a more fair value level. But since we cannot be sure of the news awaiting us on the near term horizon on earnings, write-offs, cost cutting, NASH partnership and revised TH-1902 trial protocol and timing, it is hard to get too excited about the stock in light of its past failures. Those past failures may have little to do with the future of the stock, but since we are all human, they still influence decisions. There is a chance that THTX is one of the best performing stocks of the year in 2023 as it would not take a lot to launch it much higher, but managemetn will need to take some actions that will change the negative narrative for that to happen. Or get lucky!
realitycheck4u wrote: But that's only from the fact we are sitting below $1. If this was such a great time to buy, then where are the insiders on the Board? I see no buys from them on SETI.