$BLPH: Rockefellers underwater before hitting a 'Home Run'

20. Okt. 2018NASDAQ:BLPH
Venrock Associates IV LP, The Insiders, acquired an additional 1,370,000 Million shares in September. True, price action has been negative, however, fundamentals matter and having a 'whale' as Venrock in the game makes sense for all of us.

So, playing tech Fibonacci retracement from the last low around 0.60 cents and sometime in the future to get my money back +100% an extremely conservative return when Venrock has in total 2,748,740 million shares.

Note:
The last 1,370,000 million shares are (14.40%), meanwhile, the 1st clusters are +40% overall.

What is Venrock? (Source: Wikipedia)
Venrock, a compound of "Venture" and "Rockefeller", is a venture capital firm formed in 1969 to build upon the successful investing activities of the Rockefeller family that began in the late 1930s. It has offices in Palo Alto, California; New York City; and Boston, Massachusetts.