Jun. 3 at 7:16 AM
$OSTX If you look at the 1M chart, those red candles are probably ATM sales. The product seems to be excellent, but the short cash runway is a bit of a burden until we get the PRV, partnership or similar uplift. Great company and great product, but we have to be realistic about the financial situation. Tax returns with some millions of dollars during the summer help a bit, but likely more dilution coming in the next 6 months. IMO that’s not a reason to sell anyway, but if the SP keeps low, that’s a great opportunity to accumulate more shares with cheap price. What often seems to be negative, is actually positive if you can be patient. Same thing was and still is with
$SLS – shorts helped us long bulls to accumulate more cheap shares along the way. In the end you’ll be thankful for the bargain buys.
