Oct. 25 at 2:25 AM
$PSTV So I’ve already expected the “possibility” of a RS. But now, the more I read, it’s looking like it’s coming. And I’m as excited as ever. This 7-1 is incredibly modest. And it will erase all of the uncertainty regarding delisting.
If you’ve done any due diligence whatsoever, you know the company is extremely undervalued, and so many catalysts are on deck. I personally expect earnings (estimated for nov12th) and the forward guidance contained, will by itself at least double our market cap alone. I expect more announcements to come before that though. Other payors including Medicaid/medicare to pick up CNSide for example.
I posted this earlier, but I encourage people to research biotech reverse splits, there are many examples very similar to PSTV’s situation where a RS sent market caps soaring.
The fact that it’s looked more and more every day that a RS is actually coming, and the share price is solid above .58/.60…tells me the market is about embrace this move as a positive. LFG!
