Post by
antigua1987 on May 26, 2021 6:11pm
my kid took one look at the SP graph ...
and said he hoped we didn't own any of that! da brat. IPO in late 2009 @ .75.
then accounting for reverse split in 2019 at 3.2:1, IPO's equivalent is $2.40.
today's close 2.69. after 11 yrs.
we know it's biotech, we know the tradsers, directors and other vulture's gotta feed from this game. but still, these guys can't find an institutional partner to pick up shares at 2.69!! what have the conversations been? where is the RELATIONSHIP building? Do institutions not see heavy de-risking at 2.69? has not imv produced just enough to win bay/wall st support?
other than that, things look good.
Comment by
bmeister2 on May 27, 2021 10:37am
antigua, you summed up my cnnicism perfectly ! And to think, I bought this as an Angel investor first!!
Comment by
ace33 on May 27, 2021 10:48am
Time to pull the frenchies off the teat! Combined these guys are making 1-2% of market cap!!
Comment by
gardy on May 27, 2021 12:59pm
Ace you are just confirming what I have said for quite awhile. Way overpaid for what they have produced. Fred is nothing but dud!!! I don't understand how the board of directors can't see this. Oh! Forgot he's on that too. Gardy