there has not been a massive sell off which I think some entity is pushing for.
I think CRDC should put out a press release to say all is on track...or if the EU launch is delayed then they should say that too.
What Hausen said at the last CC is they are looking to put 12 mm trocars into history (funny how only CRDC staple design can do that). Seems to me CRDC is acting like David against Goliath...they do have the 5mm stone, next quarter they'll let it rip.
Even at this low price down 17% on 5x ave volume half way through the day and management has no comment!!!! Trololo trolol lololool trolol trolololo lets look at options
1. Tax loss selling? Doubt it now is the time to buy if there arent issues
2. Bad trial outcomes....that would be insider trading
3. Hedge fund attack for big player....probably considering the timing and systematic selling going on for months.
4. If it is 3 i would hope that CRDC would have the SEC investigate it
There may not have been a massive selloff in terms of volume, but whoever has orchestrated this move has effectively cut off equity issuance as a viable financing option. CRDC now has to consider some type of partnership or sale of assets and they don't have much bargaining power to demand great terms.