pxs share price, page-22

I beg to disagree. It is a sign of desperation to start pleading that no one understands this stock, or this type of stock. Hmmm, people seem to understand mesoblast ok. They also seemed to understand PXS when its SP was $4.00. Now there's a lot of people understanding that that its lead product has failed a trial, has only got over the line to approval in Europe on appeal and is not going to be reimbursed by government is Australia. They probably also understand that there is enormous risk with this company because you can no longer assume the company has any idea what will happen. For example, they thought aridol would sell more and more each year as word spread and markets got approved. Didn't happen though. They thought they had enough money to get bronchitol to market. Nope - massive fundraising required. And there's all the negatives that have come out of trials and applications for approval. This is not the same as a mining company. A mining company knows that their product has a market, but that is not yet clear for PXS. Just because it works, doesn't make a market - and the worry is that there seems to be doubt about whether it does work to the degree it needs to for governments to start agreeing to pay for it. And lastly, what s the point of the statement that the chance of the share price going from $1.00 to $0.01 is much much lower than the probability it will go from $1.00 to $3.00. Well duh. 1 dollar is 100x greater than 1 cent, whereas $3.00 is only 3x greater than $1. But regardless, this isn't a game of chance, its a game about opinions and the share market has a low opinion about PXS at the moment and it will need some very good news before the big players start to trust it enough to push the share price up far beyond where it is now.