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Achillion Pharmaceuticals, Inc. Message Board

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  • buy_n_hold_2001 buy_n_hold_2001 Jan 22, 2010 7:45 AM Flag

    Huge dilution!!! Issued 12 mil into 26 mil float

    Did the insider who sold at $3.60 get to buy back at $2.08? I guess it is all legal, but they screwed all shareholders of ACHN.

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    • this is looting folks. Roth put out false research about how this stock is undervalued, a price target of 12 etc., and now they are doing an offer at 2.08/share? This is a crime! ACHN has this 15 million equity distribution deal for a 5% discount of trading prices and why didn't they use it? What happen to all the big talks about multiple partners are interested with the ach-1625? or Two partners have the materials to play in their own labs? Where is management? Where is a conference call to answer the questions? All those insiders selling at 3.6 should be investigated. What did InvestorAB and Claris know about this from management and not telling the rest of the public? I have never seen a more obvious attempt to loot common shareholders. This is a lesson to anyone when dealing with any recommendations from Roth. This shop is a roach motel. Listen to them, lure to buy the shares, and you will never get out alive.

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