u/broccoli0302

I cannot believe BLGO is trading at the current discount. I’m aware of the bear arguments: continual delays and limited runway. Runway should be good for at least a year with 10 million financing agreement announced a month or two ago (dilutive, sure, but this price already more than accounts for that) and there are so many paths to revenue that should be inside 12 months that it is not if but when. Added significantly to my position this week and willing to wait for the page turn.

The stock price has dropped roughly 25 percent since a week ago for no discernible reason. No negative catalyst that I am aware of. Any ideas what is driving this negative sentiment?