Yes I think you are right.
I can see PEB at 5 cents in the not to distant future.....................lol.
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I was going to punt PEB since they do have a small chance I guess of being taken over by a giant for cxbladder but the risk is a little too much for me.
I was very surprised they found enough punters prepared to support the most recent capital raise. I would have thought after so many previous broken promises most people would have woken up and smelled the coffee by now. I wonder if they'll try yet another capital raise when they ruin out of cash again soon.
This capital raise will see us through to positive cash flow and we really mean it this time :lol:
All sound like NTL ..raise capital, pay director , rinse , repeat . Referring to comments re PEB . :p.
You are absolutely correct. When I wrote my tongue in cheek comment earlier, PEB was at 13c and showing a gain for the day of 8.3%. However at the end of the day they were at 12.2c - up 1.7%.
BLT definitely the winner on the day.
Will PEB ever come right? I think the next 3-4 months will tell whether they are going to make it in the US. If they don't then they will remain in the penny dreadful category or fail completely.
Hey guys, so I've boarded this BLT train as of yesterday. Like a few others I was a bit frustrated at missing out on a ~30% gain over the holidays; I had them on my to buy list once the holidays were over. However I still feel ok about investing (compared to your WYNs, PEBs, etc. of the world) as they've actually started to turn a profit so it's all a question of how they build on that instead of begging for more cash from shareholders in order to chase prospects that might not even exist.
Does anyone know how strong BLT's moat is in terms of its IP? I.e., could someone else come up with products very much like theirs based on reading the academic literature, etc. Or do they have some IP protections in place, even if it's just a trade secret set of formulae?
This is the kind of question I wanted to research myself before buying, but then seeing the momentum I figured I'd jump in (Remains to be seen whether this was an incredibly dumb idea on my part.)