I SNET A LETTER TO SEC & ASKED INVESTIGATION OF CEO OF AVEO
There is a pure fraud here with not disclosing a material info from FDA. What was his motivation for fraud? He managed to hold on his position as CEO by not disclosing the FDA info a year ago.
A lot of shareholders are devestated by this huge 70% crash
Yes. I own 3000 shares in my 401k account. A detailed letter with facts can make a SEC officer aware of the real situation of AVEO and trigger investigation. My letter included 5 reasons why AVEO was involved in fraud
interesting, a 2nd self professed expert ID. My experience with posters that call themselves experts is that they are anything but experts in TA, Regulatory, or Trading...RG. You are likely a flunkee who gets paid by the post from a hedge fund to spread FUD. "Expert" should consider a more noble profession that adds value to society.
I will agree that company communication of cost cutting and a strategy is lacking and overdue.