Ann: International institution acquires 14% of Neuren, page-44

I think NEU are headed well lower than $1. I sold out yesterday. Cash is king at this stage, way too much uncertainty. I am confident NEU will go the distance because of the cash they have but the SP will not find support. I think it is more likely we see 50c than $2 at this point so I will see what happens. I think the US is a dead cat bounce. If you look at other crashes they fall for months and months before the bottom. We are only weeks in.

Neuren basically has to put the shutters up and limit cash burn until they can get going again. Trump is bullish on getting the US going again, so this will either resurrect things a bit or be a miss-step that extends the problem there. Lets hope this economic Armageddon ends soon.