Generally, when companies announce they will participate in a conference, the PPS increases. However, if their is no substantial new news during the conference, the PPS tends to drop (as is the case with PBTH today). I hope we will hear something new at the Citi conference,otherwise..............
The guys on this msg board overreacted today. All of a sudden ,positive phase 2 results do not = 11-12 PPS. Dilution ? Not the end of the world.If it takes the company to a good place , I have no problem with that. So far we have not heard any negative news about this company and we should not forget who is standing behind this company.This company is under the radar of TEVA.If I am not mistaken ,Mr Frost is the Chirman of Teva...Do the math
Mosko, if you followed Protalix's story, then you know that ties to Frost and TEVA (through Horovitz that time) are not always beneficial.
I can't speak for our other friends here, but I know that for me, I've always felt pretty good about owning Prolor shares and know I just don't know... as we say in hebrew today's conference was "the straw that broke the camel's back" as far as I'm concerned.
I have a significant amount invested here, and I'm not the only one. we DESERVE clarity. Why is the date for top-line results being pushed back again and again?
These guys hold information from me. Information I have every right to know. I need this information to make my investment decisions. I take this as a personal insult.
I will not sell a single share no matter were the price drops with no news in the coming months, because the science is that good, and it would be silly to sell as the price drops further. but I don't like the guys running Prolor anymore, simple as that.