Feb. 3 at 5:57 PM
$ABCL we shall see if this ends up being a home run or not. Remember this: you have to be a contrarian to find hidden gems. There are a ton of people (betting hundreds of millions) that do not believe that AbCellera is going to work out. Or they think the overall market is about to go to zero or whatever. They may think
$ABCL is burning money and that their tech isn’t going to work out as effectively as we think or whatever. Every time you buy, someone sold to you because they wanted to get out.
My point is that you have to build your own conviction in a company in order to hold long term and see it through. This is either going to work out or it isn’t.
If you believe they have superior tech and knowledge, then any drop in price should be considered a gift.