The Brenner Group is doing some HOUSECLEANING...banks, suppliers, RR% plan with AFFY, layoff of employees, etc...preserving cash until the investigation and PR by and between Fresenius, the FDA and everyone is complete. )(a delicate task)
Be advised: Its all in TAKEDA's hands now, so we wait.
This is all we can do.
In the meantime the MMs will play their penny games (up and down a few cents) like they usually do while we are in limbo.
Think about this....If every drug that was approved by the FDA was "permanently" pulled off the market and not re-introduced because of issues, well, there wouldn't be very many drugs sold by BIG PHARMA.
My understanding is that TAKEDA is flipping the bill by doing:
1) an extensive ROOT CAUSE ANALYSIS (makes perfect sense)
2) then will detail an extensive RISK MITIGATION PLAN...REMS (new labeling and precautions)
This will all be needed for the FDA and then it can resubmit a new European application too.
EVERYONE IS ON A GAG ORDER NOT TO TALK.
EVERYTHING ELSE HERE IS JUST....N O I S E.
As for the BASHER TEAM(s)...They either:
1) Buy hundreds of puts and post non-stop fear on these and other boards where they take a position, or
2) they may work for a HF who wants to exhaust retail shareholders to sell so that they can Buy more in its accounts, like a CONTRA FUND.
These are my thoughts.
That's it for now, so be good. You are either IN or OUT.
I'm in and not scalping or trading, but simply HOLDING and telling you the facts of our current situation.