This seems to be more than a bear raid in my opinion. The sell off has been relentless on average volume. Also note that the overall volume in the entire market has been anemic. It appears that it is carefully being stepped down. For who's benefit? No idea. I know that sounds all tin hat conspiracy theory and it should not happen in a carefully regulated market, but just remember what Knight did to a few stocks just days ago. They are not the only company with trading algos out there.
I don't have much trust in Wall Street anymore. It's a shame too because I need investment vehicles like this to build a 401K, but I have seen a year of gains reduced to break even in a few weeks. Makes you want to take your ball on just go home.
amen brother, makes me think you can't fall in love with a company, have to take the big gains when you get them. This market is run by and for the criminals and the police are absent. Looks like I better get back to work for a few more years!
if you were a long time shareholder you would know the royalty rate was negotiated many years ago before the technology was proven and you would also know the current CEO had nothing to do with the negotiation. Dan did not lie to the shareholders, but he could have handled the questions better since this was not new information. This (IMO) was a planned attack aided by the analysts on the call. Shorts win because they were in major pain, institutions that wanted in at a lower price are happy, only the long term owners lose. Time will tell, but I say this opportunity is similar to the $5 stock available after the Roche FDA T-DM1 turn down.