In my opinion, it would not be wise to hold more than a token position in EPCT, especially now.One has to balance the risks with the potential rewards and at this particular point in time, that ratio does not look favorable.On the one hand, we may be on the precipice of the overall market turning downward AND another dilution in short order.Balance that set of conditions with the possibility of a partner agreement, which has the following caveats:1 - The likelihood of that agreement being announced BEFORE the share increase is remote.2 - Given the delays and obfuscation by management, any agreement, should one be executed, will not likely be earth-shattering, IE - mediocre terms, at best.On the whole, the picture is not advantageous for holding any significant number of shares.
"I can't deny that EPCT has a decent risk/reward ratio in the 0.80s. (Some may recall I said I would buy back in when it got back to these levels.)"Some 5 days ago. Jonaustin.Opportunistic. Is that an understatement?