Biotechlineup
Oct 1, 1:05 PM
$BCTX Dilution , the Biotech business model. I have been investing and trading in biotech’s since the 1990’s . I was very young , making money and it was the go go nineties. Everything you touched turned to gold. In reality I was i overconfident and inexperienced. I turned my 50-100 G seed money into over a million in a few years then lost it all in 2002 . I learned Dilution is the killer , really is. I posted and warned on this board a year ago about dilution. As soon as I listened to the management presentation, I was certain that dilution was off the table with BCTX . Not happening. I doubled my position as they were talking.
They Stated publicly and unambiguously on an official investor roadshow that they have the cash to reach the imminent trial results without dilution, management has bound themselves to strict regulatory and legal restrictions under guidelines
SEC Rule10b 5. A key word was “ Ample”
Lawsuits and possible jail time. They even mentioned partnerships and grants
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