I spoke to Darby this afternoon. It is obvious that there has been some heavy selling pressure, created by margin calls at 2 firms that I know of. Both of those firms sold today. The stock was acting like the FDA had taken away our approval.
"There is nothing but good forward progress in CCSI. There are a number of deals that are available to us. I have to maximize what we have. There is nothing negative in CCSI."
IMO, this is deja'vu all over again. If you go back to July of last year as we were waiting on the FDA, your risk at that time was rejection. However, that was the time to own the stock just before the approval.
Now is the time to own it again, right before a deal or deals are announced. Why would anybody bail out now, unless you were forced to after having waited all this time?
I have a feeling what CCSI is worth with a deal in the medical arena, and if we get cosmetic, and or dental also, in the upcoming months, then this is going to be like the time the stock dipped to $3 last April, and proceeded up to $15 in 3 1/2 months. This is the time to be long, not panicking, not crying every day, where is the deal?
CCSI is my largest position, but my next 2 positions are down almsot exactly the same percentage that CCSI is, and there is nothing wrong with them either, except the market sucks. |
