FWIW it might be good for some posters to reflect on their investment timeframes … for traders and short term investors, this drop is indeed something to get riled up about.
for long term holders, this is noise … and relative to the fall from $5+ down to sub 30c.. it’s a blip.
calls for the CEO to be punted for such a blip reveals ones investment timeframe more than anything else.
the raise at $2.50 looks pretty good in hindsight, but it looked bad to many at the time… can’t make everyone happy and that isn’t their objective.. they are busy launching their first product.
set&forget reveals my investment timeframe, when i see nothing to be concerned about, rather there is steady operational progress and outstanding pricing for not only this indication but all indications to follow (that’s where the value is).. there are label extension studies soon to be announced (my guess it will be funded by a third party) and a heart pre-BLA meeting to be had… a phase 3 confirmatory trial recruiting (I estimate fully recruited by end of August) and my price target is so far higher than where it is today.. and I am in no rush, then i feel quite calm. Patience comes naturally when I am calm.
do try it
enjoy the weekend!
goodluck all
(20min delay)