When we watch this on a daily basis we get bored...we get frustrated..we wonder who the heck is selling...why would you sell when there is so much upside (my views)...Let me assure you...instos...large funds..they are circling as sure as sharks are out in the sea at this very moment...looking for food...looking for gullible retail who will sell to them...don't you know how hungry they are...do you think they are randomly buying a few shares to hold for a few cents of gain?
They are there...trust me...Yes they employ many tricks..they pay their once a year fees and are allowed to trade just 1 share at a time without paying the retail $10 or whatever it is...they short...then they buy in chunks..they do so in market..they do so out of market...they do during subtle day hours, they do after and before market hours...they are in accumulation phase and trust me, this will only continue until they have had their fill....they are buying from retail holders that are simply clueless...
We are not normal retail...we are informed...we know what the risk reward story is here in our case (my opinions)...we are knowledgeable and informed shareholders..we need to be
darn patient and for a long time...this is
not an overnight success story...this is a long and drawn out story that will progressively increase...yes it seems like any time there is good news..we get a short lift and then sink back down...but go look at the three year graph...it's upwards...specially when you zoom out a bit...we are in the most successful companies in terms of pure share price gain in the last 1 year...the last 2 years...
I didn't buy my first share last week....no...not even last month...I bought mid 2015...I'm
still waiting...10 x is nothing...this will be so much more...(highly speculative statement, do you own research)...Why isn't our SP going up, many reasons, we have outlined a few in the recent past:
1) No Revenue
2) Early days
3) Not even approved, in ANY jurisdiction yet...when will revenue come? Not in the next 3 months...maybe not in next 6 months..
4) It still represents risk..a company with no revenue yet...you and I know what we have...how many retail shareholders know...what do they see...they see plenty of red cells on the excel sheet when it comes to company metrics...they DO NOT see the patient's faces when there is less pain...they know not what is COMP....they haven't heard of MPS and even who it affects and how much current treatments are (cost)...they know not of the relationship between cell receptors..and NGF.
5) - 23) I could go on...let's keep this brief, you get my point.
All you gotta do is wait.......just wait...News? There is oh so much to come...so much success (yeah you know its my views)... wait till the day we get earnings estimates the surprise to the upside...wait for those announcements that we have hita new country...where we get more patient's feedback...when we get approvals....when it is announced we are exploring new
planets...sorry new indications...
If you are bored..if you are frustrated...put some money into something more exciting...but my view is to keep at least something in PAR..come back in a year..come back in 2 years..and certainly come back in 3 years and then tell me how frustrated you are..not because it's been so *-(&^ long...because you should've bought more (My views)
Do nothing ...just wait till we get a distribution deal/partnership...then see what happens...then see how much our share pulls back and how bored we are - how frustrated we are....not...
Pool-Lord, wake me in 3 years.
DYOR
(20min delay)