The current market cap is 54mm. So getting $50mm for a deal, values SGMO right where its current price is. No upside. If Sandy still in charge, he will just burn through that money. That is why the current stock value represents this. Sandy and the Board have been total failures. Imo.$sgmo
@ShortSeller The company currently does not even answer their phone at HQ. I tried and could not get through. Lesson Learned for me for this POS. Glad I only had 2% of my portfolio in SGMO. So disappointed in management.
@Soeren_Berlin@Sanctuary_Bio@bingbingbom Well, at $18 cents, and 12mm shares traded. I have little confidence in management. Sad, as I thought they really did have promising science.
@feelthebyrn1 Yes, but incorporating the sets , reps, and weight has been challenging to also manage. You need to do heavy weights. But that also leads to DOMS, for a few days. I have learned I can maintain strength just 1x per week. 2 send of 5 reps. Works for me. Both lower and upper body.
I have written a number of letters to the board, being a CFO of a large family office. And it has not been kind to Sandy. I have even written very harsh letters directly to Sandy. I think the board is nervous he could leave. All imo. Randy has been the wrong leader of thus company. Just look at the chart for the last 5 to 7 years. All on promising tech. His hubris or stupidity has mismanaged the capital structure. The Board shares the same hubris or stupidity that Sandy has.
@Soeren_Berlin You need to get this to the board. And larger stockholders need to start pressing. I wrote a very harsh email to the board today. This company is so misguided and mismanaged its hard to believe. And I have been in the investment business for 40 years.