Correcting an untruth posted elsewhere: the claim
Post# of 72444
(Total Views: 172)
Posted On: 08/10/2017 5:33:13 PM
Correcting an untruth posted elsewhere: the claim is being made that Mako attacks did not hurt other stocks they went after.
Nonsense.
OCAT, which I owned as did some others here, was attacked by Mako and suffered a great loss in stock price. It was relentlessly pounded. Mako wrote yet another bashing article, and shortly thereafter OCAT reported good clinical trial results, and then sold the entire company.
BUT: because their CEO was not the master of getting results on a low budget, they were forced into bad financing deals (because Mako had torpedoed their share price). They ended up selling the company for far less than it was worth because of the Mako bashing. In fact, if I remember correctly, it sold for less than where the stock price was when Mako started bashing.
IPIX is NOT in that kind of situation that OCAT was in, because OCAT had huge debt and we do not. Nevertheless, the more suspicious among us may wonder if Mako's entire attack on OCAT was to facilitate a sweetheart deal for a Big Pharma to buy them out -- and I number myself among the suspicious.
Do not fear, IPIX will not be forced into such a bad deal, despite Mako's and the trader gangs' best efforts. Leo has avoided getting us into toxic financing, and every real shareholder should be grateful that he has saved us from this potential fate.
Nonsense.
OCAT, which I owned as did some others here, was attacked by Mako and suffered a great loss in stock price. It was relentlessly pounded. Mako wrote yet another bashing article, and shortly thereafter OCAT reported good clinical trial results, and then sold the entire company.
BUT: because their CEO was not the master of getting results on a low budget, they were forced into bad financing deals (because Mako had torpedoed their share price). They ended up selling the company for far less than it was worth because of the Mako bashing. In fact, if I remember correctly, it sold for less than where the stock price was when Mako started bashing.
IPIX is NOT in that kind of situation that OCAT was in, because OCAT had huge debt and we do not. Nevertheless, the more suspicious among us may wonder if Mako's entire attack on OCAT was to facilitate a sweetheart deal for a Big Pharma to buy them out -- and I number myself among the suspicious.
Do not fear, IPIX will not be forced into such a bad deal, despite Mako's and the trader gangs' best efforts. Leo has avoided getting us into toxic financing, and every real shareholder should be grateful that he has saved us from this potential fate.
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