Every day, OXBT management continues to fail shareholders
OXBT - down yet again today.
This stock has fallen so far, for so long, that the investment community no longer cares, or trusts, anything the people running this company says or does.
Patent news? Meaningless. Nonclinical study news? Meaningless.
Management diddled and fumbled for days and weeks and months on end while the stock lost 25% of its value. Then 50%, 75%, 90%, and then 95%.
Pull up a one year chart on OXBT here on Yahoo, then take a look at the bottom right hand side of the chart. As of today, OXBT is down 88.87% over the past year.
In fact, click on *any* of the available timeframes on the chart. 1 day, 5 day, 1 month, six months, five years, Max - they all have one thing in common: they all show OXBT *not* as a gain, but rather at a loss.
Every. Single. Chart.
This is what happens when incompetent, non-market savvy people run a publicly traded company.