G'day Pharma. I understand your (& 1 or 2 others') angst about some of my posts on here. Here are my thoughts...
I am only posting the facts, as I see them, and I certainly don't post them without giving some "thought" beforehand;
IMO, the whole idea of a forum is for participants to share their thoughts. There does not seem to be any T&C's which state only positive thoughts are allowed - or there is any restriction on "perceived" negative thoughts;
When you did your own due diligence/research/snooping etc on CDY all those years ago, would you have only believed (or acted upon) what you read on the threads of HC? No - I am certain you would have "sniffed around" and uncovered the truth - warts and all, based on your own nasal ability;
Frankly, if there were only positive comments on any forum's threads - not just CDY's - I would be highly suspicious and would "sharpen my nose" BIG TIME!;
I think I have mentioned this before - but it is worth repeating....if any so-called "Investor" allowed his/her decision to invest be influenced by what they read on forums - by anonymous posters - then IMO, they aren't an investor's backside. To remove any doubt, if anyone is making their buying (or selling) decisions based on mine, yours, Tsuba's, Maria's, Pachinko's, Soud's, Leverage's, T7's ... or anyone else posts - then they need their heads checked;
Too right I want the SP to go up - like everyone else. But I am not going to change my sentiment until this company starts to produce some "positive" numbers. I am only telling the truth. The financials are where it counts - not just soothing commentary by the Board accompanied by flashy photo's. I've posted those details before - so won't repeat it again;
The CEO and the Board should not care a stuff about what I (& some others) write on here - negative or not. They know where they have to turn things around before some long term money starts to dribble in. If they don't know - they bloody well should.
Prospective investors should not care a stuff about what I (& some others) write on here - negative or not. They need to do their own research and due diligence - and I bet the serious ones do!
Finally, if the CEO, the Board - or even management do bother to look on here then I hope the truth of my "negative" posts (& 1 or 2 others) rams it home to them. The SP of this company has been decimated to a point which is now only just above 1 third of 1 cent (pre last consolidation) - which frankly is a bloody disgrace. It doesn't matter how many shares you own - remember that 10,000,000 x 0 = 0. No matter how you dress things up, the CEO and Board have overseen this period of decline and their decision making have clearly been the architect of it.
With all that in mind, I am still a big believer in the products and of course the Midkine magic - if not, I would have cut my "extensive" losses ages ago. But until the numbers turn around - we are in a very, very vulnerable position. Unfortunately, it has turned from a promising investment into nothing more than a speculation now and the only comfort I take from it all is the CEO's and the Board's shares are subject to the same SP as mine!!
Apologies for the length - but I hope it has enlightened you (& 1 or 2 others)....maybe even the CEO and the Board.
CDY Price at posting:
7.6¢ Sentiment: Sell Disclosure: Held