You guys need to issue the following statement:
"Howard Appel was in no way connected with the IPO and never owned any shares directly or indirectly. All of the inferences made by "Alpha Exposure" on 4/1/2015 in SA publication are completely false"
Otherwise, NO CASE and GUILTY GUILTY GUILTY
That's bs Iggy. You want a make a "substantive response". Go for it. Anyone can submit an article.
SA deleting comments that are defamatory, like "author is an idiot" is just to be expected.
There were plenty of gloriously fluffy-gooey-go-ONVO-3D-organs-printed-magic-awesomeness-$300-per-share articles.
Ultimately, THE MARKET DECIDES.
Well, theoritically they could step price down without net selling. But how often is that really possible? Most of the time they probably have to sell more shares than they buy or visa versa in order to move the stock in one direction. If they just keep buying 100 shares then selling the same 100 shares, it's hard to move the stock anywhere.
What a lot of folks don't realize is that much of the time they're not doing any trading at all. They're just posting quotes, then cancelling them within milliseconds.
Anyone has the right to sue, but their chances of winning anything would be slim. Everything in the article is factual and the author merely suggests that stock promoters were involved. The author never says it's incontrovertible that Appel was involved.
"Organovo says very little"
LOL. Good one rich, too funny.
Timing is suspicious but the timing of all the pump efforts on behalf of the company were also suspicious. About time the company got a taste of its own medicine.
Been telling you guys over and over and over for the last 1+ year. Now there's some pretty convincing evidence that stock promoters were indeed involved. Shady stuff, any reputation that the company has built for itself lately just went down the tubes.
This new SA expose could be quite damaging to Organovo. Expect class action suits against the company for misleading investors.
Exerything is spelled out quite nicely in todays article. Great piece of investigative journalism.
Soft bashing has always been my own philosophy. Just state the facts and let folks formulate their own opinions.
Short sellers porn !!!
My mistake, I guess Iggys here....giving me the thumbs down. Must be in too much of a fog to pump. Come on Iggy cheer up! It's rah rah rah, pump pump pump time!