The Seeking Alpha article had some good points today about ACRX management's holdings and apparent belief in the prospect for Zalviso approval. I thought this might cause this price to go over $12.00 today instead the price is down on an up day for the market- go figure. I believe ACRX will be a big winner and % wise is one of my largest holdings. RMTI is my largest holding. What is your thoughts on the Seeking Alpha article?
You gotta remember that every failed drug also had mgmt's that were positive for approval, and SA writers that believed the bs and wrote positive articles.
I believe that once you succeed in phase 3 trials you can be bullish.
That didn't happen with vicl and vtus, and pumped up investors got crushed.
I know that there has been a lot of talk about GALE and Seeking Alpha. But the way Seeking Alpha is run, it was self fulfilling prophecy and at least one half the blame should fall on the shoulders of Seeking Alpha managagement orthe lack thereof. Buyers beware when reading anything on Seeking Alpha! I have seen more than one inaccuracy on the articles there and truth be told it is alot of pumping and trashing!