AND YOU ALL ACT LIKE THATS A BAD THING??....WHATS THE PROBLEM???.....and those of you that think this is diluted with 22 million shares outstanding need to get your heads examined!
Sentiment: Strong Buy
So institutional investors buy 3 million share at $4 after their due diligence on the company and the retail investors sell to under $3. Bought some today
They just wiped out more market value in their stock than they did debt.
What they should do is authorize a small share repurchase plan. They just sold stock at 4--now buy some back below $3.
One must wonder what those institutional investors were thinking--did they not know that the mighty FDA would not review Ablatherm until next year?
Alas, it will be you who is wiped out if you continue to rationalize your holding EDAP. The company should have a bright 2014 but you're going to lose another dollar a share on the way to the pps bottom.
You just don't get it..do you? I can tell you cannot read the fine print in finance..not good if you are trading stocks my friend.