I'm hoping no one here listens to the webcast tomorrow and asks why the stock price is falling. It would a wasted question and the answer would be "when you are a small biotech and raise over 200 million dollars....."
My personal opinion is not manipulation. I see too much of that when people's stocks go down. Gold bugs think the central bank is manipulating, or it's shorts or whatever. I think some major holders are voicing their displeasure the best way they know how. I doubt manipulators have 8 million shares to manipulate with. Maybe in a stock with a few grand in volume. But 8million in an hour of trading? Perhaps it's a nice wake up call for management. If it is major shareholders, a concern would be sentiment towards another dilutionary raise.
Progress is the only thing that can right the ship...super stock webcast isn't it.
My personal opinion is not manipulation. I see too much of that when people's stocks go down. Gold bugs think the central bank is manipulating, or it's shorts or whatever. I think some major holders are voicing their displeasure the best way they know how. I doubt manipulators have 8 million shares to manipulate with. Maybe in a stock with a few grand in volume. But 8million in an hour of trading? Perhaps it's a nice wake up call for management. If it is major shareholders, a concern would be sentiment towards another dilutionary raise.
Progress is the only thing that can right the ship...super stock webcast isn't it.
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