What happened to your "calm down" post? Seems like you're getting all caught up in the "what ifs" just like those you were telling to "calm down" to earlier in the day!
I mean how far does everyone want to attempt to extrapolate the conclusions contained in the BM report? Plain and simple "Analyst Day", however well intentioned, was a PR nightmare. Analysts came to the meeting hoping to get the inside scoop on some very favorable press that DNDN had released just a week prior. When that wasn't forthcoming one enterprising analyst apparently took it upon himself to draw his own conclusions. He had no facts other than those the other analysts had...just far worse logic! There was no "leak" of trial information!...Give me a break. To imply such would be to believe that no such negative informational "leak" existed when the stock went from 8.60 to 13 just a week or so ago, but then suddenly it was leaked" just in time for the "Analyst Day" meeting and option expirations??! Doesn't make any sense.
No...IMHO this was simply a situation where the analysts and the firms in attendance had to finally face the reality that there will be no immediate investment banking business coming from this company...No debt offerings..No partnership deals...No couple hundred million dollars to invest...No nothing. So why stick their necks out..for what? You be the anlaysts...What's the "safest" thing to do?
Wait for the actual data to be announced. So the BM guy is upset because Gold implied we'd have a partnership by now and not only do we not...we probably have no intentions of having one in the US period.. So his "safety net" in his recommendation is gone. No big pharma validated the DNDN vaccine platform by buying into the company. So he "implies" something is wrong with the company or the data. Simple logic...simple reasoning.
Having been burnt by Genta he's not looking for another one so he's playing the "better safe than sorry" game and attempting to support it by factual innuendos...IMHO he's simply telling clients to sell now at $10 and if the data pans out, and the stock rallies to $15, he'll tell them to buy back in!
Let's all try and not read anymore into this then we already have. Wait for the facts.
I am not saying don't calm down. I still believe it is highly unlikely DNDN management would risk prison in order to "play for time" as Aschoff suggests. I was and am just calling for whatever helpful analysis of the situation we can get here. And so far there has been quite a lot. For what it's worth I bought an additional 10,000 shares today. And I was calm while I did it.
The bottom line to me with the Aschoff "analysis" is the viciouness of it in its' tenor. IMHO it fell only an inch short of outright libel assuming the data is even close to what Gold has implied. Remember...The recommendation was not from "buy" or "outperform" to "neutral" or even "hold"...It was to an outright "sell" and a revised price objective from $21 to $6, all because of what was said or not said in a three hour "Analyst" conference?? Come now. Sounds personal in nature...Someone was really ticked off, and IMHO it happened at the conference...