My 2 cents.Mesoblast will be a stock that behaves erratically...

My 2 cents.

Mesoblast will be a stock that behaves erratically until the company begins to make reliable income and profits. At the moment it’s a ‘good news’ stock subject to wild fluctuations that can be unsettling. Same as numerous other listed companies.

For me, what makes MSB different is the clear and enormous potential on the immediate horizon. I only invested on May 13 this year, and I’ve had a bit of a crack (by my standards). Now, there is no chance I will be selling any of these shares for years. In fact, I will continue to add holdings as circumstances allow.

This is a very serious company in the making......it’s happening right now! Yes days like the last couple do give me the shits like most, but it has to be expected. Markets are irrational at the best of times.

Please just hang in. Might sound a bit rich from someone who’s been here 5 minutes I guess...mind you, my average of $3.65 is up there too. If the COVID trial turns out to be a flop, so what! This was an opportunistic (and hopefully brilliant) move by Mesoblast and I still reckon this looks good for us. Two other read-outs due soon and several other indications with potential.

These are smart people, arguably at the forefront of a rapidly expanding field. I reckon cool heads are called for.