I love the way the short sellers try to work this board by asking a question which is actually
them attempting to make a statement..Wedbush is regretting their downgrade, and
these guys regret their employement .
Likely bought and paid for. This is what happens when you "opinion" is formed this way. Likely his clients are the big sellers and shorts. He has some serious credibility problems and as you can see is totally ignored by the market. This will also likely impact his credibility on all of the companies he covers now. Luckily, every other analyst is completely onboard and the SP is rising rapidly. And, when they get approved in the next 60 days or so, we are really off to the races.
Haven't read the report but that is the price they set in ?February. The company has created an interesting situation in announcing they are applying for breakthrough designation on the strength of their secondary EP. It feels like success is already priced into the stock, so if breakthrough isn't granted then there is a downside. I can't think of any other binary near-term event for Wedbush to react to.