The stock has had a lot of up-down volatility, so it's not like a big surprise for the stock to move like it has.
If anything, it would provide a buying opportunity for those who believe the stock price will be ultimately higher.
I must have missed this "Great news" you referred to, because the only news I see is that they completed enrollment in a trial that will take 48 months, so we will not know the results of the trial for almost an entire year.
How does an enrollment completion translate to "Great news" for you?
China is not the savior; rather, China is a major growth factor.
There were no China sales in the improvement in revenues year-over-year.
And NO company will ever speculate about being acquired by another company. That would be irresponsible and asking for a lawsuit.
And to ask about another company's possible intentions? The obvious answer to that question is, go ask THAT company.
I wasn't sure if this had to do with the recent offering (maybe they originally set it up for $50, but replaced it with the recent $6.5), or it was a different one.
OK, then how about ABAT sells all of the assets in China to a buddy of FuFu's for $1 ... the sale approved by the board, of course ... $1 goes into the ABAT stockholders' account, and the shareholders divide it up amongst themselves ... what is to stop them, the SEC? a US-filed lawsuit? good luck with that.
Investment houses that hold stock warrants often hedge them with short positions. In the event that they get on the wrong side of the trade, they have a guaranteed limit on their potential loss by virtue of the warrants' strike price.
This hedging was mentioned by a caller in the recent conference call as well.
How many warrants were recently issued? How many shares does that represent?
You don't think this new order was contingent upon the funding raised by the stock offering that was just officially completed yesterday?
"Proterra is privately held, but is planning on a public offering in two years. Mr. Popple said the company was cash-flow positive in the fourth quarter of 2014 and doubled its revenue in 2014 from 2013."
Wall Street Journal article about Proterra:
"By MIKE RAMSEY
April 10, 2015 11:14 a.m. ET
Proterra, a maker of electric transit buses, is building a second plant in California after a stream of new orders, despite lower gasoline prices over the past year.
The Greenville, S.C.-based company has an order backlog that stretches for more than a year, pushing the company to build a second assembly facility in the San Gabriel Valley, said Chief Executive Ryan Popple, a former Tesla Motors Inc. finance director."
I do not recall any condition (i.e. "As soon a the discontented shareholders dump their shares") that must be met prior to the 'reward' coming.
Unless of course, the 'reward' is, no longer holding shares of this scam.
It would appear this disease may be 'treatable' in its early stages, but there may be a 'point of no return' as well.
So if there is a drug to prolong the early stages of this disease, perhaps giving time, not only for a cure to be found, but a cure that can be successfully applied before the 'point of no return' stage, you better believe those with the disease will be wanting this drug.