I've been holding since the IPO + cap raise and sold out about 20% of my shares today for the first time. I got my initial investment back + a few extra $ of profit. Although I have great confidence in the company, biotechs can be very volatile and the overall market is due for a decent correction at some point in the next year.
I still think we are heading for big things in the future but just want to give you the logic behind why some people may be selling now, especially the long term holders.
Ann: Investor Presentation, page-22
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