5Lun
Hi and thanks for the great summary!
I've been in BICO before and looked into it a bit back then. However, I got in at the wrong time and bought a bit on the dip, as it happens XD. At some point I threw the position out at a loss, BUT I still like it and keep it on my watchlist.
I don't see any "good" reason to get in right now. If you want to gamble, now would of course be a better time than back then. But it is what it is, and if you're looking for excitement and thrills, you've come to the right place. But then don't invest more than you think is appropriate for a rollercoaster for fun....
They don't have a long cash runway, as you describe, and still have a lot to do to reposition themselves after all the acquisitions. They are currently restructuring themselves, that's true, but in my view there's nothing to be said against waiting until there are the first signs that this will lead to something.
You say below that it is not a stock for quiet nights but for "visionary investors with patience". I would question whether the visionary investor "with patience" should not simply stay tuned at this point and patiently inform himself about the company and leave it on the WL until then...
PS: I also have something in my portfolio that has more in it because I enjoy finding out about the company and it's kind of nice to be in it. But it's not an investment case, it's more of a hobby and an emotion, inspired by an interesting idea etc....
I've been in BICO before and looked into it a bit back then. However, I got in at the wrong time and bought a bit on the dip, as it happens XD. At some point I threw the position out at a loss, BUT I still like it and keep it on my watchlist.
I don't see any "good" reason to get in right now. If you want to gamble, now would of course be a better time than back then. But it is what it is, and if you're looking for excitement and thrills, you've come to the right place. But then don't invest more than you think is appropriate for a rollercoaster for fun....
They don't have a long cash runway, as you describe, and still have a lot to do to reposition themselves after all the acquisitions. They are currently restructuring themselves, that's true, but in my view there's nothing to be said against waiting until there are the first signs that this will lead to something.
You say below that it is not a stock for quiet nights but for "visionary investors with patience". I would question whether the visionary investor "with patience" should not simply stay tuned at this point and patiently inform himself about the company and leave it on the WL until then...
PS: I also have something in my portfolio that has more in it because I enjoy finding out about the company and it's kind of nice to be in it. But it's not an investment case, it's more of a hobby and an emotion, inspired by an interesting idea etc....
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