Henry:
For years now, your actions/words have indicated otherwise. You have continuously shown disdain for my pointing to the sucker play and to my effective use of the stock since '96 as a trading vehicle.
techstocks.com
>> smh, Rick Harmon has been complaining about LGND dilution for a year or two (maybe three) now. <<
Instead of this punchline......
>> Some tend to focus more on the dilution than how efficiently the funds were used. <<
Try this one...... "in retrospect, I see that he has been correct."
Moreover, Henry, you have recently (a couple of months ago) said that I was making my trading calls after the fact, when they were, with intent, very public and timely. If you wanted to check on that, you could pull archives both here at SI and at misc.invest.stocks. So.... while you're now saying "keep on postin'", the fact is that you have resented my past posts and even gone so far as to attempt to discredit them.
If you're going to go public, and particularly if you're going to pull down the biggest salary in biotech, you should do the moral thing and attempt to increase share value.
Robert..... a lack of leverage, in this instance, is characterized by.....
Big market cap, almost no shareholder equity, big burn, big salaries.
This sort of structure handcuffs you. You end up doing what Robinson does..... giving away projects for modest royalties. LGND has been great for the San Diego economy, however. |
