MSB 6.07% $1.01 mesoblast limited

MSB All-time low Party Thread, page-39

  1. 511 Posts.
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    Heres the thing people, its all about track record isnt it? thats really all you can judge something on, Im still learning this game but I couldnt help but notice this stock and its poor holders being obliterated by downramping posts by people that dont even hold the stock. Ive seen it all before, its an easy target for the short crew and always has been. Ive never owned MSB until yesterday and Ive watched it the whole time on and off but always liked the risky high tech high potential patient reward/recovery it hat the potential to provide unwell people, Its an ethical play in a sense, its well known AU biotechs get a tough time in FDA land but MSB has persisted and is still going so many years later.

    The running out of cash thing is so old now, bios are always potentially 6 months away from running out of cash but if they deserve funding they will receive it. They have always received funding to date and have continued to wade through the crazy cat and mouse FDA approval process. I feel we are approaching a pivot point and the philanthropist's or those who think they can profit from investing or not will really be the only thing we can judge this on other than its track record, its one of the most long standing biotech companies on the ASX, all bios burn crazy cash when they attempt high tech for potentially high gains in human trials. Logic fails many, we have been at this cross road over and over, and funnily enough MSB persists and is a going concern. They have kept the lights on for a long time now, Id hate to remind people about what happened last time people were saying this sort of stuff It could go either way for sure, but im going to give them some credit based on there track record. Also based on them beliveiving in the tech, would they really bother if they thought it was no good, I really doubt it. these guys belive the tech is good. Im going to take them at face value, they really suck at presenting it to shareholders thogh Id have to say, makes it very easy for the sharks to circle.
 
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