I have owned many thausands of these puppies and actually served me real well during tough times even though it has lost half of it's value over the last year or more. It may be a while (or may be never) for this to climb back to those heights. GLP space has become crowded and this name gets kicked around everytime a new kid comes with a new drug.
What I can tell you from my experience holding this for atleast half a decade, management has been absolutely terrible, dysfunctional and careless. They have no business being here running this. This is what makes it painful.
I can flip all my shares right now way below my acquired price and still be very profitable (Thanks for selling the premiums over the years).
In the meantime it is headed for 80+ and can happen before Mid-Dec 2024.
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