River,
What I am referrring to is not creating fluff news from management, but being transparent to the public regarding the current trial (if they can) and completed P2 trial. There must of been atleast 1 material update in the 9 month duration management could of shared to the public regarding the drug status. We understand CATCO is a 3rd party trial with the assistance from Arch, but providing 1 public drug update since February is unnacceptable from an investor viewpoint and others have shared their frustration on other platforms. We are not questioning the companies ability to commercialization, we are feeling pretty confident with the team and their credentials, we just want Arch management to be more open with news to the Market. IMO Arch had multiple share price, market cap opportunities to get off this junior party aka the Venture exchange which would of really exposed more interest, even if they just upgraded to the TO exhange where reputable funds want to establish their investments, but they stayed in ghost mode as per their normal and now it is
Round 14 for losers who missed to the boat to buy back in at $2.80-$3.20 and a rare good volume day. Arch will most likely be cheaper in the near future if management continues to stay quiet and if someone decides to liquidate their shares during tax loss season approaching.
Just my thoughts River
Comment by Cb27743on Nov 30, 2022 11:41pm
104 Views Post# 35141906
RE:Silence
I am with you and bunch of other investors are as well. I have been with Arch since 2020 and have been very patient this 2022 year. I understand waiting on regulation can test patience in this sector, but If this is a management strategy to stay quiet with 1 annual update, Arch is going to continue to drop in volume and market interest which we have all witnessed this year. This 2022 year was nothing but a dead cat bounce looking at that 2022 chart. Managment needs to open their wallets and spend money on a meaningful