RE:Price drop reason?himmler wrote: I've been long in this company and did some research into this drop the last few weeks.Aside from recent bad news there's something else that noones addressed.
Eli Lilli has recieved FDA Approval to fast track a drug targeting sleep apnea...if approved and successful that will hit Quip .It takes the form of a pill which will replace the traditional ventilator equiptment.
I will not hold stocks that are suffering from unknowns...and this company has many.
For that I'm out...sold.
For you all hanging on I wish you all the best.
Good, glad you sold. This is a prime example of the kinds of people on this planet with their heads stuck in the sand. OMG, there has to be a pill for everthing wrong with mankind. I just really wish these drug companies good fast track a pill to fix stupid.
You probably had a major anxiety attack and sold out when the news media said that these diabetes drugs could cure obesity in people. Other than Covid drugs and a global pandemic, the word fast tracking still takes years.
Thanks for your nothing burger post, I hope you took the money and invested in Eli Lilli stock.