If I had to guess who is playing a hand in all this - and this is just a guess - I'd be looking at Sabby.
And if you think I'm crazy, look at some of Sabby's recent investments / deals.
1) Sabby did a deal with Cardium (CXM) in FEB 2012. At the time CXM was trading at 37 cents.
Today CXM trades at 7 cents. CXM the company received the money they needed; CXM shareholders, however, ended up losing. And big.
2) In MAR 2012 Sabby held around 194M - nearly 20% - of GNTAQ. Since this time, GNTAQ has lost half its value.
3) In JUN 2012 Sabby owned 7.5% of TSPT; at the time, TSPT traded around $6.50. Today: $2.95.
4) In SEP 2012 Sabby owned 9.9% of EPCT. At the time, EPCT traded at 13 cents. Today: 5 cents.
I'd be surprised if Cayman Island-based Sabby is in the money losing business.
Yea They tought themselves as a biotech -healthcare / hedge fund /"gray pools". problem I have is they got cooperation from celsion /cantor-fitzgerald. there purchase was what increased the size of the float and celsion received the 9.8 million. celsion themselves diagnosis to me as a straight up hedge fund. given sabby is saddle river, n.j. based. together its a new jersey crime scene. im gonna post the guy metz with sabby home address. I know I will be lookin for him...
CLSN still has50 million correct, also to go along with that 50 million dID any of the companies you listed has ORPHAN DRUG STATUS, FAST TRACK STATUS, NCI BACKING, GREATEST MINDS IN THE FIELD OF HCC BACKING? Just wondering why you are comparing apples to dogsh i t. Who did those companies have backing them. MR. list of the useless.
Anyone here still touting Sabby as a positive for CLSN needs to read the post I made on June 13.
CLSN was trading at $1.50 at the time.
You *were* warned more than two weeks ago, and you *were* warned with real-world facts.