It is such an unappreciated company. Look at the market cap, cash on hand, and pipeline (with several late stage prospects). Worth waiting for results. I they are positive we will see nice appreciation.
I don't know why would anyone give them prop for having the cash on hand. It's not like they're generating revenues to store the cash like Apple. In order to get cash they are diluting shares and getting the cash from the shareholders. You are essentially providing the funding to keep the lights on for the company.
Book value my friend. That's important when pricing a stock. At minimum this company is worth $1.50 per share based on the amount of cash they have. Nice to know you have some downside protection just based on the cash they have.
Potential - is a world apart from actively working against shareholders and shareholder value.
I believe you though. You don't understand my point at all.
I'm sure to you, selling $4 of goods for $3 seems like a really smart move.
Hey, I'll give you $15 for that $20 bill - deal? Would you do it? How about if it was someone else's $20-bill? Therein lies the problem.