Scott,
Thanks for the insight. Like you, I catagorised TRIBY as you have, ie: " I no longer invest in development stage microcaps (not to seem hypocritical, but I don't put biotechs with multiple products in at least phase II with several major pharms partnerships in with these speculatives.)"
I would add to your comments that any stock with a three year history under $5, (I only hold two of them) even with the solid fundamentals that I feel TRIBY has, will not fit an exact pattern of just when it will break out. The one thing I'm betting on is that with continued increased earnings, it will happen some time. Since I have even less confidence in TA than you have, I'm in the hold mode because I see an $8-10 range within 4 years, which means a substantial annual return for me. If the company fundamentals slip, I'll bail. Overall, I'm happy with the company's performance and am willing to wait for its stock performance to catch up to it. Good luck, Bill |
