RE: Blood thinners28 Feb 2022 09:36
It's no secret that Colb is still a holder, although how small an amount he has is debatable. He announced his sells, when the share price was in the .30 range. before that, he had quite a high average, so selling in that range would take his average up to super high levels. Others amongst us saw the very significant backing of the group of investors, and took our own actions, adding gradually, which obviously had the effect of reducing our averages very considerably. I'm highly amused at his refusal to acknowledge basic maths, the share price has more than trebled since that low point, and a buyer has been prepared to shell out up to 1.10 in recent days.
I will agree that there is some political risk involved, I've mentioned that before. My judgement is that China relies much more on the rest of the world as a customer for its manufactured goods, and that should mitigate actions. Everyone surely wishes that to be the case.
Happy with my profit so far, big congratulations to others who are in strong profit. Even now there is strong justification in hoping for a hell of a lot more profit IMVHO