RE: Who is sitting on the biggest percentage loss?25 Nov 2021 10:42
MrIndia, I personally try not to give you grief because I tend just to take people at face value, if they are lying, so be it. Pingu just does not believe you, I have spoken to him in the past and he has never sounded angry when you came up he is just convinced that you are a paid deramper. I personally dont but I understand where he is coming from, but I also understand your frustration. His point is that if you wanted to depress the SP, turn this board negative, dissuade people from buying etc the best way would be to come on, talk negatively about how much you have lost, predict SP falling lower, talk about how you should just sell and take your losses and make it sound hopeless. Which is pretty much how you post, whereas the logical thing to do would be to either not post or remain positive, highlight the upsides such as plenty of cash, CLNs gone, FDA meeting in the new year, CBR due soon etc, and highlight constantly how this is over sold and under valued so that people visiting are more likely to buy which improves the SP and in doing so makes you happier as your losses reduce.
HOWEVER last year/start of this year, I was in a bad place, the SP was tanking and I was depressed and emotional and even I was on here talking doom and gloom for a while until I was able to make a bit of money and cushion myself so I could wait it out. I am sure I posted some negative posts which in hindsight was completely counter productive.
I guess bottom line is I am torn because I believe you probably are genuine, but I understand where Pingu is coming from. I am still well down myself but I suppose unlike you I am just not worried, for me the assurance of fully funded to clinical trials gives me the confidence that there is no dilution coming to lock in these lower prices so weather the bounce comes tomorrow, a month from now or 6 months from now it will come. When that comes the returns are going to be many many times what any savings account would ever pay in your life time, so would I rather stick it in the bank or leave it here and trust Vlad? The one thing we can all agree on is that he is stubborn and determined to succeed and very thrifty, we just have to have a bit of patience and trust the process.
Finally, I really am swamped today so gotta do some work, but just remember that despite the horrendous dilution we experienced it is over. Yesterday they got rid of the last of the CLNs that orgenesis held. There are very few traders around but alot of sticky LTHers most of whom continue to add. We have had all the bad news its now just waiting for good news like patent applications, IND applications, start of clinical trials etc. As we get closer more people will buy including traders, whilst there is no guarantee it is logical that supply and demand should mean we start to rise and hold new higher lows. Try and relax and enjoy Christmas and stop worrying about ST share price :-)
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