This could be my best performer this year. China has a ton money printed right now and it has to go some where. Why not investment through China Finance. I was right on the earnings report being a great buying opportunity. It's not to late. Price target of $10.
Sentiment: Strong Buy
Why do I have a feeling they will run out of money, even with the current round of funding, before this drug ever gets to FDA's approval. Where is this fast track the CEO talks about? If this is the fast track, I would hate to see the slow track. If they really can help people, lets hear about it!!!!
Price is at pre release price, it would be nice to get a clearer explanation as to when the new platform could be profitable. Maybe that is sooner then some of us expect.
More drugs make it to phase III and don't get approved, then do, that is common sense in this industry, and why they have trials to begin with. Usually it takes a lot of money, and in this case, shareholder money.
Trying to see the long term picture here, but as every day goes by, I'm starting to think my original investment will be worthless 2 years from now. I keep hearing it's a buying opportunity, all I can say is, you do know it can keep going down to less then a penny. I've held duds before, and this one is starting to look like one. If they truly believe they would of waited to release good results, and get as much as they can for the offering. All this tells me, is they don't believe in the drug.
It's more of an issue with the e-cigs made in China. Any type of smoke is not good for you, but people are lining up to buy them. At this point, I have more friends that use e-cigs then real cigs. To bad this company still sucks.
I hope they can figure this out, seems like they are trading one debt for another with better terms. It reminds me of the 0% interest for the first year credit cards, and how people just keep moving accounts to avoid interest. What they need is sales, and lots of them.
"Breaking News: Dollar Tree Found To Sell Toxic Products That Could Harm You And Your Family", this will be a buying op, but for today and tomorrow you might want to be out. This just came across my Facebook feed.
Sentiment: Strong Sell
Smart move, I'm just glad mine is a small position. I'm going to have to add to it now. Did they give any mention as to when they will make money off the new platform?