General Comments / Chat, page-2510

@8horse I agree that it is strange and rare, it has played on my mind since the broker data started being put up on these threads. However, I've also seen interviews (and I think one of them was with Shaws) where the instos were giving the indication that they didn't understand the stock. I think the Shaws interview had the bloke saying that he'd been encouraging one of his clients to sell off from well before it got to $1.

My own holding has increased 10 fold since my broker mate started to tell me that I needed to offload.

The hurdle here appears to be that the stock confounds the normal rules of thumb, and people can't put in the effort to get over those hurdles. I've been telling sophs since 11cents and they've been telling me I'm wrong since then but after 4-6 months they come around.

We also know who these major sellers have been, and we know that the major ones are still very long on the stock. The other major holders have either held 100% or have increased their holdings. No insiders have done any selling.

DYOR on the underlying FA and balance it against this strange and rare occurrence.

We've got efficacy data coming this year on a drug for a potential >$US10B opportunity and it's been safety tested at high doses in around 2,000 people