RE: odx18 Jun 2020 12:16
Wolves, to an extent I can see your reasoning. IMO a lot of LTH PI’s (LTH since the start of COVID, which was only a few months ago, not years) may feel like they have been in this share for a lifetime compared to some of the rises seen on other COVID stocks. At design freeze, the art of psychology may overrule the mind and persuade them to sell simply to bank a decent return for the ‘long term’ (or not so) investment in ODX. The more acute investor may realise that the most difficult part of this whole process is to attain the design freeze in the first place given that Covid19 is a whole new thing! There has been plenty of time over the last couple of months and the evidence is there, that the scale up of production, and ability to press the ‘on’ button on the machines (if not already ‘on’) when design freeze comes will have been running in parallel with the design phase of this product. Yes design freeze does ‘seem’ like it has taken ages, but it takes time to perfect things in life generally, but it was the most difficult part. The ‘design freeze - to roll out’ timeframe will be a fraction of time it has taken to get here in the first place. To sell out at Design Freeze, for me, IMO, would only result in having to buy back in at a higher price very quickly after. I won’t be doing that after this time of holding. My opinion of ODX future is very positive and I expect great things to come, all very soon!