Likely the 500K convertible shares that were bought under 3, are being sold by early investors looking for some $$$. Look at the trade volume recently.
They have been selling it in Germany, results from this quarter were lousy because it's not selling and they now have expiring product...revenue missed esimates by over 1 million.
Lot of.times MARKET & INSIDE player controls the stock price. WE HAVE TO THEIR GAME and go with the flow....BUY when they r buying and SELL when they r dumping. We master this the.we would be rich.....GOODLUCK
well, the 25M was already covered by their financing. And remember, they have authorized a boat load of shares to raise funds. My prediction, they will announce in the numbers today they have been selling shares and raised plenty of capital. That would be one of the reasons we saw no real jump after the FDA approval. They took advantage of the increased volume and sole off some of the authorized shares. There will be a loss, analysts expect 7 cents a shares loss as a matter of fact.