Ffs. The world is ending. Sell everything and run for the hills....

Ffs. The world is ending. Sell everything and run for the hills.

To me this is the beauty of understanding where the company is at v what the chart looks like.

Since unknownsoldier is so interested in every movement he is a prime example of what I mean.

many months ago chart was in uptrend heading to 1.60. It was fairly apparent that at some point a cr was required although I couldn't have predicted it would push the price this low. The thing is unknown looked only at the chart it seemed, and bought in at a fairly high point Then got burned by the "unexpected" cr announcement and sold at a big loss.

Now he is insistent it is in free-fall and hopeless, I assume because that is what the chart now looks like. He was wrong the first time he read the chart and I think he will be wrong again.

The facts are we are theoretically weeks away from some data that should indicate if this is the first new antibiotic in 30 years
that is effective against many WHO listed infective bacteria and does not cause anti biotic resistance. And all that with $25mil in the bank.

If you believe the share price is in free-fall then you believe a company that is successful at previously stated is worth way less than 180m dollars?

Seems to me either it doesn't work, in which case it is worthless, or it is multiples of current level. To me the dumb assumption would be the trial is positive but the company is not worth 200 million + ??? Ok.

I chose to believe that it works at least as well as current treatments but with no resistance, and I also believe the way the price has been moved by high frequency trading indicates someone is buying.

Honestly, who cares what the chart looks like. Just take a look at charts like VUL or BD1 to see what can happen on good results with low shares on issue. That could be as soon as next week