Hi S1T (pardon my subtlety - I just think it is the best choice of action just now), Rule #1 - dont buy or sell with (heightened) emotuion Rule #2 - accept that (especially) bio speci stocks have around a 10% chance of succeeding and that is over a period of 8-10 years. Rule # 3 - accept that as a minor shareholder you are not privy to the details (ever) especially regards the longer game (good or bad) Rule # 4 - but the biggi - dont play with money you cant lose !!
Been lots of talk in the past about this stock being a Disallowed and better - so where has the science changed. Sure we are being diluted so now it is only a 9 bagger (if it ever was) - bugga ! If there is no likely upside why would a hard nosed investor who has already played and watched this stock over an extended period put their money on the table ? - and have you noted who they have elected to get to flog this stock in the market. - answer - they reckon they can show a decent return in a reasonable time frame. Do I like they way this has been done - frankly who cares !! I for 1 came for the ride, understanding all I could do was hold as tightly as possible on to the coat tales for as long as I could - and at the moment I still can. Rather be me than some poor sod lining up for their next shot of chemo !!
Take a deep breath people and consider your long term objectives - or dont - but just dont bitch about it ! GLTAH
IMM Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
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