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POZEN Inc. Message Board

  • goldstrawsteven goldstrawsteven Aug 30, 2011 4:35 PM Flag

    MY letter to Pozen

    Please don't waste your money with any buyback.
    The stock is simply being "pressed" by people that my friend Eric Holder still isn't ready to prosecute.
    If you buy back say 6 million shares at about $4/share that's $24 million; you'd use up half our cash AND the people pressing the stock down would just "place" 7 million shorts against it moving the price below where it is now.

    Our stock is not currently trading in a perfectly competitive market, it is simply being moved around in a very imperfect competitive market.

    NOTE to all other investors. They just want you to give up and leave now that the price is $2.80. And they think they can wait you out until POZN's fortunes pay off a lot more. The balls in your court. Either sell of hold.

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    • I think there's a fund that is trying to get out of the stock, obviously at a loss, and once they're through selling it, it will move to $4. In the meantime, why not buy back at anything under $3 or $3.50? It's worth over $4 in royalties alone.

 
POZN
10.45-0.56(-5.09%)Jun 29 4:00 PMEDT