BIT 4.00% 4.8¢ biotron limited

Strange comments. Actually its easier to just make up blue sky...

  1. 3,608 Posts.
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    Strange comments. Actually its easier to just make up blue sky trillion dollar market caps and takeover stories. Its much harder talking about the reality of what is happening and predicting what is actually going to happen in the short term in the real world.

    Look, I get it. Some like to paint their ceilings with pictures of blue sky and not go outside in the cold reality of the winter that we are currently in. They come here for reaffirming stories from like minded people who like to out do each other with ever higher estimates of record share prices and more and more bizarre comparisons with other companies with no relationship to BIT or our industry whatsoever. They cheer loudly and feverishly punch the like button when certain posters tell them of trillion dollar market caps and stories of miraculous funding solutions.

    I am terribly sorry to tell you that this is a stock discussion forum to discuss the company, the stock and the real world things that are driving the share price. If you open your curtains you may notice that in the real world the SP has been sliding backwards at a great rate of knots for many weeks. Down well over 50%. This isn't an "assumption". Its not "speculation". Its a fact.

    You may also have chosen not to read the quarterlies which clearly show that the company is almost out of cash. Again, not speculation. Not an assumption. Cold hard numbers.

    You may not like to discuss this but the results from two of these trials are currently almost 2 years late. Yep, not speculation, just a simple fact.

    Now you have stated that you think its unproductive to talk about any of these real world issues and you would prefer $$$ to return to pumping the price up to make you feel better. I sorry to tell you that here in a stock discussion forum its going to be pretty difficult to get every one of the thousands of participants to close their eyes to the reality of what is driving the share price here, today, in reality, and rock back and forth in unison with fingers crossed whilst humming "30 billion dollar deal". We all know what we want to happen but many also like to know what is actually happening.

    Nobody is making you read these posts or asking you to leave the blue room. You don't have to read the financials if you don't want to and you are more than welcome to cheer at posts comparing BIT with NVidia and BHP if you wish, but what is actually "unproductive" is repeated attempts to shut down conversations about the reality of the here and now just because you don't like them.
 
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