I get it that no news + low cash + shares at 33c cause concern. but why are people saying that we are going bust in 6 weeks ?
they are getting a peer review as promised
they are trying to get the dose approved
they are trying to sort funding.
they are speaking to partners
given they have lots of data to show the fda (is this a bad thing ?) the fda have asked for a different pathway and will revert in June hopefully.
if people expect daily updates they are mistaken. if you think shares going down when Nasdaq / S&P have the worst day in 6 months is cause for concern then ok, but I don't see what it has to do with par or any other small cap I own.
is any big fund buying bc we are at 10% of our highs ? no. they are professionals and don't take punts. they will wait for the fda decision/ tga / peer review / breakthrough or whatever is coming down the pipe.
I am not saying all is well and this stock is going to the moon. I am just saying let's focus on the fact that they are discussing right now with the fda etc. if we don't get 2x2 and if we can't get cash etc then I will probably sell too. but am I selling because simon and Paul are not telling us regularly exactly what they are up to ? no
it seems this forum is either high as a kite or near suicidal.
everyone says these guys are incompetent etc etc etc. Apple just shut down their car project after 5+ years and billions of dollars. sometimes it doesn't work out. even for the best.
par is taking longer than we all hoped. are they morons ? I don't know, is Tim Cook a moron ? I say no.
I could go on but if you don't like the quiet periods / if u don't like management/ If u think they are going bust then sell.
why anyone would stay invested and spend time on HC if they think a company has 60/90 days to survive is beyond me
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