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Avanir Pharmaceuticals, Inc. Message Board

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  • rayonman1 rayonman1 Feb 2, 2013 2:25 PM Flag

    Saturday Report 2.2.13

    "I believe it is time for a consistent, concerted effort by shareholders to write Katkin and the BOD and demand that they publicly speak on concerns with share price manipulation and call for an investigation into Avanir's trading. "
    I suspect that conspiracy theories about market manipulation are overblown and a knee-jerk response to company stock prices that aren't as high as companies and their sycophantic analysts have led people to believe they should be.
    I think a market cap of $400 million is fair for a company like Avanir with one drug that, almost 2 years after launch, is doing only about $68 million per year of NET Nuedexta sales
    One thing that leads to the perpetuation of such conspiracy theories is people think they are helpless victims.
    To that end, I point out that anyone can report suspicions to the SEC. So to paint the situation as one where alleged victims need to get their company to report, "concerns with share price manipulation" perpetuates the helpless victim mentality and fosters the continuation of conspiracy theories. Especially when the company does not agree that anything needs to be complained about to the SEC.
    To stop the helpless victim mentality and to limit conspiracy theories, I therefore suggest anyone who has any, "concern with share price manipulation" report their, "concern" to the SEC directly. I would then assume the SEC would take any appropriate steps to investigate anything they thought was the least bit suspicious.

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    • Ray,

      Your predictable response proves (once again) you are weighing in on a subject you know nothing about and/or you are trying to obfuscate. Illegal naked short selling is a FACT and not a conspiracy theory as many on WS for years claimed to thwart any serious investigation into the matter. Since Yahoo no longer permits links to articles, I will submit as proof that anyone who Googles "Goldman Sachs, naked shorting" will see Rolling Stone ("Accidentally released and incredibly embarrassing documents...") and Bloomberg articles confirming this illegal practice. All retail investors (us "muppets" per GS) should read the Rolling Stone article.

      As for your revelation that any retail investor can file a concern with the SEC, I can personally attest to the fact that doing so is a colossal waste of time. You might as well suggested that anyone could write the president to look into the matter.



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