there is a difference between being negative about BCART in a way that i would no longer invest in it, and expecting the share price will be trippled in 3 years.
It's a combination of both. I do believe in Biocartis on the long term, but i don't believe in the share price being attractive enough for the subscribers of the convertible to convert the loan. The due date of the convertible will be there fast enough.
BCART is my highest risk/reward stock. My pessimism and hope counter eachother.
Also take into account that lack of knowledge is a trigger for fear/pessimism. Most of my stocks are value-stocks and are easily calculatable. i know the PE, ROCE, etc etc of all my stocks.
BCART is more difficult to know where the company is heading. it's more like a jump in the dark...
You do a great job in providing a lot of information here, which I appreciate a lot. It might however be very clear to you, due to your knowledge on BCART and it's market, what should happen etc ... but for me, with less knowledge ... i get stuck with 'we'll get the SARS-COV2 test approved in the coming weeks' from a long time ago, the returned idylla in Q4 2020 report which was apparently installed but not sold, ... . The metrics that i can calculate are showing me the growth rate is too slow now.
So conclusion, the combination of lack of knowledge and the highest risk/reward makes me pessimistic / cautious.
I'm however not afraid to sell my stocks with losses. If i would think that it would be the way forward, i would push the button. So far i didn't do it.
PS: i'm not that concerned about the share price itself. It's more about the growth rate, the lobby skills of BCART, and (potential) competitors. A low share price can even be good... If BCART could refinance itself based on impressive growth rates, and the convertibles are not converted due to a low share price ... that would be great. No dillusion of shares and new liquidity due to good growth rates...
but that's dreaming for now. Looking forward to the forecast 2021!
kind regards and nice weekend,