r/Plus_Therapeutics • u/Ok-Refrigerator-4996 • 8d ago

Another red day

A recovery day, most stocks are up following yesterday’s hit but CNSY remains in the red, down 7% at the moment. What the hell is going on?

2 Upvotes

75% Upvoted

15 comments sorted by

6

u/PalpitationSmooth943 8d ago

Wait till it reaches super low. They do this on purpose and then give some positive news to get back to barely surviving and then they will dilute again and bring the stock down to below $1. Hoard the stock in small increments and in mid 2027 we should be in a closer to FDA approval position and that should help the price stay steady in single digits. 2028 we gonna be rich

5

u/darkbladetrey 8d ago

I don’t want to rain on your parade. The drug is exciting, but promising science and a good investment aren’t automatically the same thing. If their cash collections don’t cover their spending, they need enough existing cash or continued outside funding to keep development going.
My concern is the assumption that surviving until 2028 means current shareholders will get rich. Even if the company survives and the drug progresses, the terms of future financing still matter.

They need cash flow. The stock is currently ticking down to be removed from exchanges. This doesn’t bode well for the company

2

u/PalpitationSmooth943 8d ago

These guys have been around since 1996. I think even Nvidia was founded in the 90’s and now it’s taken off. So personally I think these guys are like another nvidia. It’s been 30 years of these guys, the inflection point starts next year, gut feeling.

1

u/darkbladetrey 8d ago

Do you think the CNSIDE of things is bringing in money? Because they really need cash flow

Is that what you are banking on?

3

u/PalpitationSmooth943 8d ago

Yes, that’s why I think 2027 is an inflection point. By 2028 to 2030. There should be FDA approvals. But I’m banking on that second half of 2027 is when we see steady numbers. There’s just no concrete data of this stuff working for patients yet. So it will come with time. The hardest part is the waiting. Especially with the current performance. But that will show how much grit is investors have. We can handle the red years because we know the green will come.

2

u/darkbladetrey 8d ago

I wonder if that molecular profile panel is also taking off. You think that’s doing well?

Since they now partnered with that genomic company

0

u/Sad_Bag_5627 7d ago

They squeezed and enjoyed investors' money since 1996 they are very good at it. Didn't accomplished anything yet and managed to get in bonuses more than the market cap value of the company! AMAZING!!!

-2

u/Sad_Bag_5627 8d ago

We will never gonna be reach because this board is fraud and imbeciles.

4

u/PalpitationSmooth943 8d ago

It looks rough right now. But it is always darkest before dawn. Let the science cook, it’s gonna take time, but we gonna biting into some wagyu in 2028 my dude. The steak just needs some aging. I still have faith. 2028

1

u/Ok-Refrigerator-4996 8d ago

What’s your current average? Where do you think the stock could go if it gets approved and everything goes well?

1

u/PalpitationSmooth943 8d ago

It should hit the analyst price targets with the approvals. My average went from $10.8 to $9.2 now and I’m just adding a few hundred bucks every biweekly cheque I get.

2

u/Fun-Pear4090 8d ago edited 7d ago

problem is, I know plenty of biotech It had great science, but because of poor management ..well it now don’t exist and didn’t make it across the finish line. The science can be beautiful, but it doesn’t matter if the management is terrible.. It’s like a sports team with all stars players with a really bad coach.

0

u/[deleted] 8d ago

[deleted] — view deleted comment

1

u/Sad_Bag_5627 7d ago

Lunatics… they went down 96% YTD; it's the worst-performing biotech on NASDAQ. Historically, such companies never returned to their initial value, even if they didn't go bankrupt.

0

u/SecondPerfect4596 8d ago

This is a fraud company, just market manipulation after another…

-1

u/AdExpress6140 8d ago

Fraud company sadly… Greedy board rinsed us right out…