Easy, mix one part WS parasite, one part shareholder hating CEO, and you get an almost 50% decline from post news highs. It was amazing news by the way. Quite a trick to get to this point from that fantastic news. But that's not the news anymore anyway, this decline is the news, while we wait for their holiness' to fix a secondary price. WS will hold out as long as possible of course while price drifts down. And our illustrious management will let them, even though they don't need a penny at the moment or for the foreseeable future.
Fiasco??? What on earth are you talking about. They are not running the company to satisfy DAY TRADERS like you. They are running the company for investors and future growth and profits...and guess what...they are kicking tail! Tons of upgrades, lots of positive news, 150% return so far for shareholders...they are celebrating and getting their bonuses too. AND if you can invest in longer than a week....you'll be loving mgt too. $21 price was double where it was a few weeks ago...I'd say that's amazing. Fiasco...LOL Company is doing awesome...and the sky is the limit if you have longer than 2 days to hold the stock!!
They should abandon the Secondary at this point. They are being shafted by WS and any BOD worth their salt would know that and cut the cord for the sake of SHs. They do not need the money now. How they could turn history making news into a disaster is beyond me, unless they intended to do just that. Great clinicians, great scientists, but as usual, the rest of management are crooks.