If we were go back 2 years say or 4 years and replace NP with any other CEO, I 100% believe mono would not have happened. NP has tenacity of no other, he has almost willed mono into existence, even against the inventor who didn’t think it possible and with 30-40% responders rate with mono in phase 2. Same thing with financing, NP has worked tirelessly to raise funds. He will knock on as many doors at it takes. Why no parter years ago? Because BP didn’t believe mono was possible, no one outside Cydy did. Why should they? It has never been done. So NP had to fight for cash, sometime one month ahead, while not giving leronlimab away for free and while not completely destroying the sp. Very few other CEOs would have. Sure they could have did a RS last year, raised $50M, which after the RS would have wiped out the then current shareholders and started fresh. I’ve seen it done many times. I trade a lot of preclinical Nasdaq biotech. Many go like this. Raise funds, rs, raise funds rs, raise funds, rs. They have to keep the sp above $1, fundraising drops it below, and they have to rs to bring it back up, allowing shorts and capitalists to bring it down again. Then they need more funds, so it cycles. Most other CEOs would have, taking the easy way out, but destroying they old shareholders. NP said yesterday, there will be no RS.
Will the board replace NP? No, never before drug approval; they know this. They overlook his flaws, and he has some indeed, but they know this man is going to carry them to the promise land as long as he has life in him. He reminds me of that song, “I get knocked down. I get up again. You’re never going to keep me down.”
Category: BusinessTotal Views: 5 By : EditorUpdated: 06-11-2024
In today's fiercely competitive business landscape, sustaining growth is as challenging as it is crucial. Companies are constantly vying for market share, battling not only against local competitors but also against global giants. To thrive, businesses must adopt advanced tactics that not only set them apart but also fortify their position over time. This article delves into sophisticated strategies that can drive sustained business growth, ensuring companies not only survive but excel in co... Continue Reading
Category: BusinessTotal Views: 41 By : EditorUpdated: 06-11-2024
Did you know that nearly 45% of small businesses fail within their first five years? One of the key reasons is poor financial management, particularly when it comes to investments. Managing investments can be a daunting task for small business owners, but it is crucial for growth and long-term success.
We are here to demystify the process and provide some solid advice on managing small business investments effectively. Whether you're just starting out or looking to refine your approach, u... Continue Reading
Category: MarketsTotal Views: 149 By : EditorUpdated: 06-10-2024
Get Ready for the Storm: Grim Forecast from Economist Harry Dent Disclosed!
Have you got yourself ready for the approaching financial storm? The most recent forecasts by economist Harry Dent, which suggest a crash that may equal the historic 2008 crisis, have shocked the market. We'll learn the complex web of economic forces at work and how artificial stimulus has inflated what many are referring to as the "bubble of all bubbles" as we work through Dent's unsettling predicti... Continue Reading
Category: StocksTotal Views: 187 By : EditorUpdated: 06-10-2024
Introduction to Corporate Earnings and Stock Performance
Investor attention is focused on corporate earnings in 2024 as they try to comprehend the dynamics of the market. Variations throughout the year have been brought on by the global uncertainties and economic recovery. Mixed results from companies in many industries have affected stock performance. Earnings reports are what investors look at to determine the state of the business and its prospects going forward. One of the main interests ... Continue Reading
Category: InvestingTotal Views: 251 By : EditorUpdated: 06-10-2024
With the ongoing advances in digital trading and finance, maintaining a competitive edge is essential for investors aiming to capitalize on profitable opportunities. The rise of mobile and digital technologies has fundamentally transformed how individuals and institutions navigate trading and investment landscapes. In 2021, BNY Mellon revealed that retail investment comprised nearly a quarter of the total equities trading volume, a significant increase from figures reported a decade ago. Public.... Continue Reading
Category: EconomyTotal Views: 196 By : EditorUpdated: 06-10-2024
The economic data as of June 2024 indicate a modest GDP growth fueled by the recovery of manufacturing and services. Strong consumer spending is backed by little unemployment and high confidence. With housing and energy prices driving the 3.2% inflation rate, the central bank is keeping a tight eye on things. Strong retail sales indicate confident and healthy consumer behavior, and the housing market is still active in spite of worries about affordability. An indication of optimism about the eco... Continue Reading
Category: MarketsTotal Views: 236 By : EditorUpdated: 06-10-2024
Growth of the stock market in June 2024 is impacted by several variables. Important drivers are corporate earnings reports and decisions made by the Federal Reserve on interest rates. Innovations in the tech industry and the world economy recovering give investors hope. Important roles also play by geopolitical developments, inflation trends, and changes in consumer spending. New chances are created by major mergers and acquisitions as well as developments in renewable energy. Further influencin... Continue Reading
Category: EconomyTotal Views: 254 By : EditorUpdated: 06-10-2024
By raising production costs and lowering consumer purchasing power, high inflation affects consumer staples stocks. Even while demand for these necessary items is strong, profit margins are being challenged as businesses try to shift increased costs onto customers. Further taxing the industry are supply chain interruptions and rising input costs. But companies that can handle these demands better—those with strong brand loyalty and effective operations—make good investment prospects.... Continue Reading
Category: MarketsTotal Views: 248 By : EditorUpdated: 06-09-2024
Understanding Post-Brexit Europe
European markets now have a very different environment than before Brexit. The political and economic dynamics of the area underwent a dramatic change with the United Kingdom's exit from the European Union. Governments and companies had to get used to new laws and trade obstacles. These adjustments had an impact on labor, trade, and finance among other industries. For investors and legislators, knowing the effects of Brexit is essential.
Economic Impact... Continue Reading
Category: CryptoTotal Views: 244 By : EditorUpdated: 06-09-2024
Introduction to Layer 2 Solutions for Ethereum
Scaling Ethereum to meet the needs of mass adoption requires Layer 2 solutions. Building on Ethereum's primary blockchain, or Layer 1, these technologies enable more transactions at faster speeds and reduced costs. Through the offloading of a large portion of transaction processing to these secondary layers, Ethereum can boost throughput while preserving its security and decentralization. The range of layer 2 solutions includes many methods a... Continue Reading