We open with almost 20K shares all at the ask between 52.9 cents and 53 cents. The ask still stuck at 53 cents but this time only 9,500 shares. I hope we can crawl back to 55 cents and close between 54 and 55 cents. Is the big seller out? The company will finally submit their response to the FDA by tomorrow and expect a better tone next week. I am still puzzled by the action this week, especially the beating yesterday.I hope we are done with the selling.
They have been making screwed up FDA filings for over 4 years now so it cannot be that - the selling is because some insider knows of a pending financing which will cause further dilution - screw the shareholders like you edfiggy and tonoos....ha ha ha
Oh yeah insider selling will bring about SEC scrutiny - if you believe that, I got Brooklyn bridge to sell to you dude....ha ha ha