Hi guys, appreciate your comments and I've no doubt your analysis holds water in relation to the 'big fish' buyer yesterday. That should tell you something in itself. Don't believe the 3B has any impact whatsoever - these are simply soph investors exercising their options that are now in the money to the tune of 100%.
More to the point, my view is that when we step back from the detail of intraday SP movements, we need to remember BLT has the potential to change the way modern medicine is designed and delivered. To that end, I cannot fathom trading the stock, and have expressed the view for some time that the risks of being out of this stock far outweigh the risks of being in it.
If BLT is half as successful as I hope it will be, there will be no need to trade the 'ups and downs' - and by the time we have finished this journey I suspect we will be a long way north of $0.645.
Just my opinion. DYOR.
-RS
what happened?, page-4
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