Over the past 5 days there have been a grip of insider transactions, including the CEO Passeri. I'm sure he had to sell a lot of shares to purchase his options. With that said, over the past 5 days he still added +92 million shares to his holdings. It is only natural to sell some to help cover costs. The market is just a little skittesh with small biotechs right now.
I can't believe they pay this guy to present anything, let alone to interact with investors. I hope they take down the archived webcast. I was hoping for something meaningful to update investors, not just a botched attempt at the same old story.
Why didn't the FDA disclose in a press release that a response has been given? Why do they have an announcement/news page if they don't use it?
I'm hoping that sales materialize in Q3 to kick off another rally.
I have my doubts about Eoquin but belinostat is very exciting. One hurdle at a time, I just don't want to go back to the gutter.
What happened in yesterday after-hours to make it jump...then settle so much this morning? I checked it after the close and it was $1.95 and this morning back to $1.80 Hmmm, we need to boost volume for this puppy, been lagging lately
It is sad that the shareholders of this stock feel so beaten that they sell at the first sign of positive news, Letting someone else reap benefits for cheap labor. You are sitting on the horizon of actual earnings and more profits.
Have patience and let your money work instead of pulling out at the first good thing.
Has there been anymore press on this. Is that what is keeping the price relatively low