settle and have a beer for xmas. Sure there have been major F*&%...

  1. 323 Posts.
    settle and have a beer for xmas. Sure there have been major F*&% ups in the past. It's a spec biotech company FFS. Just a question. What if they fund the phIII trial with the coal mine cash and get to sell their own drug in an already setup distribution network? It gets to 10c and bingo you've got your $70K back. A fully funded drug on the market will I reckon, make AVX worth more than 10c/share. I'm in a similar boat but am patient, as from where I stand the boxes are being ticked even if it is slowly. Things happen to test our patience in the market. With speccie companies it's always a bet which way things go. The inherent greed in the system and in humans, means if you can pick a winner and survive its early up and downs the pot of gold eventually lands at your feet. But we've all been shafted the other way. At this time I'm prepared to wait it out as I still have faith.
    GLTAH
 
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