As a cancer survivor and bio major, i was charmed, years ago, by the story and the therapeutic hope of the platform. Millions of lives might be saved.
I bought around $5 -$8(?) pre split and am still bleeding, but my current expectations remain heavily tempered. It will be a long, optimistic time before i see neutral ground.
We just suffered further dillution and will probably see more in the future.
Recall that most Ph 3 trials fail. We aren't even there yet.
A great deal of our $ that should have gone to R&D and clinical trials,
were sucked up by greedy administration. A sordid history.
We should have a # of candidates ending PH 3 by now!
Instead we have distant hope for some afflicted dogs while children die horribly.
The science remains heartening and encouraging as it has for many years.
The administration remains only slightly less parasitic.
Decisive, well designed clinical trials are very few and temporally far between.
Tempting to believe that capitalism has failed us....
while millions die on our doorsteps.
Just thought that the rampant optimism around here was getting out of hand.
Some sense of proportion is needed.
Sure as hell hope i am very wrong!
He is an entertainer, a sort of stock clown, and right as often as wrong....
But he's probably right in this single instance.
Bing, as i recall, the intent of the tax is to contribute to medical insurance coverage for folks under ACA who can't afford it.
I vividly recall the many years where , as artists, medical insurance was the largest item in our slender budget by far. It affected what we ate, what we drove, and how we lived in a big way.
Respectfully disagree GSA:
Generally i'm grateful for your learned observations.
No one is going to put off surgery over 3%. All competitors must pay it too.
Who gets hurt are the sick, poorer folks that the tax is designed to help. They are already getting screwed over badly. A bit of charity please.
ISRG is my most successful holding, a multi bagger for sure.
Agree about the ACA, it SHOULD have been single-payer and would have been markedly more economical. But the insurance industry is enormously powerful and now poorer folks are paying for that.
In the sense that i've been long for enough years to have lost most of my invested $ in ADXS, i'm a maladroit opportunist.
I was a bio major once, am a cancer survivor and went for the science story prematurely. A mistake i've repeated too many times.
Were you perhaps describing yourself?
And just what were you hoping to catch with your blue eyes?
It inspired me to double my stake.
Frankly, i'd like to see them suspend the divi and use the hedge money to pay down debt.
We'll see if the Saudis can afford to keep pumping at this rate for a year or 2...Then we begin to sweat.
But our cost of production is below $40/bbl, so we have some slack.
There's a big difference between being able to spell moron ,being able to tell a moron when you see one and your unfortunate self.
Being both dumb and judgmental is a disadvantageous combination.
Yup the price sure is reasonable.
Rbt, yours has been the voice of sour reason here.
Thanks for that!
Yak; that we are not pouring $ into R&D like we should , while we can, that threatens to handicap us in the long run, and i'm concerned about that. Our lead may not be enduring.
We need to make a set up that's cheap enough to compete with the market price of existing tech, giving us the NG price advantage .
Perhaps that's a financing gimmick that's needed?
Oil may be cheap , but NG is much cheaper and truckers make their living on mileage.