A fellow writer in this forum kindly asked me privately about the latest share development, I thought my answer to him could be shared with everyone in this forum as this is not something I’d like to hide.
Our case is de-risked now. We have the money to conduct the pf2. The problem is that the market knows about what we know and unless the company start generating cash in the near future through licensing agreement from fimavacc I don’t expect a rally in the share price, we might see it but not to the level that it makes me sell for profit, simply the chances to expect a rally with pf2 starting are very slim, this is old news. More partnership agreements coupled with FimaNAC breakthrough however are also good triggers im hoping for together with fimavacc data.
Remember also that expectations from fimachem rally should be limited until we get interim data as even management is blinded from data, so we should not expect efficacy news before then. However any delays in the recruiting can pour more water onto the boat and add to the misery.
The positive thing about a cheap share price now is that large investors including our Dutch friends will have more chances to accumulate, lets wait and see and it helps us all to shuffle the current shareholder base.
The rule of thumb in biotech investment is not to enter too early and not too late. Now we are at that point of not too early not too late With the current share price, I recommend those sitting on the fence to start coming in
If you are sitting with a large number of shares, you have to make sure you are comfortable with your investment, if not you have to make the hard decision to reduce to a level you are comfortable with. In biotech you dont know cheap today can be expensive tomorrow and expensive today can be cheap tomorrow.
I have entered NANO at 12 kr, I was not comfortable with my investment although I sold in 50’s… felt stupid that I didn’t wait to get 120 for them but now look at it, was not the worst decision. I put my NANO money and more in PCIB, and I will sell or reduce only if the share price is around 180 kr, with a three years horizon. I think a lot can happen in the next 3 years including the share going south, but I will only press the sale button at that level, saying this I should also let you know that losing all my pcib investment will not change my life (May be a couple of months with depression) So today’s share price does not interest me, my worries are postponed to 3 years from now
I don’t have the crystal ball, but what I can tell you is that I have researched the company and still to the best of my ability and listened to all positive and negative arguments about company success and used my own judgment as well as speaking to experts in the field. this makes me comfortable with my investment and I believe more than ever that I own a part of
an exciting future
… and this is only my opinion, not a text book or bible material