They are selling to recoup some money or
They might need a lose to off set next years gains.
I don't know I always guess wrong . I'll wait until there is news on an update which should be out soon on
A Phase I Study of Ganetespib +/- Bortezomib in Patients With Relapsed and/or Refractory Multiple Myeloma
which was completed end of Sept ,but only a phase one study .
No clue! All I know is it's a $4 stock selling for 48 cents, The $4 is my cost, I don't believe I will get my cost back.
Management should be aware of this why not call the IR.
Any positive news will take this stock to above $1.00 to market cap of 100 Mil
still licking wounds here. Looks like my worst case scenario panned out. Anyway, it seems like BK is dumping hard over the past week but, if so, why is stock sitting in same range?
they have a lot more to sell - about 20% of outstanding shares
on top of that there will be additional year end tax selling.
This guy has been selling almost daily actually. That's not tax loss selling. Not a good sign people. I'm licking my wounds and moving on.
whoever is buying now is pretty stupid...but Bruce thanks you for buying his shares at double and triple what they are worth.