Dear Mesoblast shareholders.
Just a quick note on the issue of people getting out at $5 and / or people selling out after the Priority review committee meeting this week (being Positive) and then trying to buy back in after the normal retracement (a single event announcement) and before the FDA gives the final approval announcement.
As you know Mesoblast has MANY announcements out in the next 6 weeks EACH ONE being a MAJOR announcement for Mesoblast, naming just a few of the big ones
1.ARDS patient enrolled updates
2.ARDS data sent to DSMB for review
3.ODAC review
4.FDA approve Ryoncil
5.CHF readouts
6.CLBP readouts
Looking back at a number of other stocks that hadphase 3 trails announced with positive results and or FDA approval announcements (all being approved or successful) the share price movements ranging from 50% to 200% each time.
The follow is my take on the possible movement (forjust 4 of them) if each of the following milestones are achieved.
|
| Share Price | Milestones | Share Price Movement (UP) | New Share Price |
|---|
| 1 | Current Share Price | $4 | RYONCIL Approved by the FDA | 100% | $9 |
|---|
| 2 |
| $9 | MPC - 06- ID for Chronic low Back Pail | 100% | $18 |
|---|
| 3 |
| $18 | Revascor for Advanced and End Stage Heart Failure | 100% | $35 |
|---|
| 4 |
| $35 | Remestemcel-L for Acute Respiratory Distress Syndrome (ARDS) in Covid -19 | 200% | $106 |
|---|
The issue is for an ordinary stock with only onemajor announcement that comes out over a longer period of time you would do the(buy on the rumour, sell on the facts) and be happy.But with so many MAJOR announcements coming out in just a very short time (within the next 6 weeks), and them coming out at anytime, you are taking a major punt on selling and before you can get back in, the next announcement comes out and then the next one and then the next one, and so on.
As the MASTER said (Ecoool2) Mesoblast is on the edgeof greatness and with that major share price movement.Yes, I know they are big dollars but it just shows you how quickly the share price could move in just a short period of time.
I believe it will be the Biggest momentum shareprice momentum in Australian history. It will be momentum that will push theprice higher over the next 6 to12 weeks not people doing all the numbercrunching.People are people, and they will see the momentum and the announcements and they will just jump in, and jump in and jump in after each announcement.
Trying to pick the high, getting out and buyingback in at a lower price is a mugs game. Been there done that.If I was to listen to higher educated friends of mine, I would have sold out at $3 something.I have held on in the good and bad times, bought more on pull backs and just keep holding.I have made MILLIONS and I am very happy to make even more millions by holding onto the next CSL.
This is of course my opinion and is not financial advice.Do what you like but please don’t cry when we are talking in a couple of years of $200.per share.
As you can see $106 is a possibility in a shortperiod of time.
Best of luck to everyone.
(20min delay)