10-Q starts with an even balance of upsides vs. downsides. Fair enough, job done. But then they went on and on way too long about the downsides, the same warnings over and over. The downside warnings were way more than necessary to fulfill adequate disclosure rules. Sounded like they really want people to dump their shares ASAP. Just seems like a phony down-fake to me.
Some insiders' buddies, some good-ole-buds, learned something really good 3 days ago, hence the run-up. I am not buying the obvious down-fake 10-Q. I bet Takeda and/or others are gonna pick this puppy up and market it to the ROW. Either those milestones are gonna hit, or a buyout gonna happen.
It's all there Watson. If the insiders' buds got no news or bad news they would have sold heavily. But they bought heavily. And that excessive10-Q verbiage about the downside. Dude, I got it the first time. But saying it over and over, practically shouting it??? Really now ...
It seems like it rehashed the same evident warnings from the previous couple filings, replaying the same thing over and over. If this were a pump and dump we would have done this on much less volume over the prior 3 days. I believe something is in the works the next couple months maybe before the June 6 shareholders meeting.
Well what I mean is that the 10-Q sounded like a spin. The warnings were initially presented and were adequate. Leave it at that. But to keep pushing them like a drunk or desperate salesman seems like he WANTS people to sell. There is no rationale to ruin your own stock price more than necessary .... unless you WANT people to sell so you can pick it up cheap yourself. He overdid it. I could see the stitches on the ball spinning as it approached the plate. The 10-Q seems like a curve-ball to me.