Chippy buying some token amount of shares on the open market.
Hell he could use the money I lost in Gern for all I care...about the equivalent to a few of his boxsters
Joanie we're still waiting for your rendition of "Rise Like A Phoenix". Until the fat lady sings it's not over.
are you sure your heart could handle an orgasm? Pity to expire the minute we've reached climax with Gern.
don't you mean Jkokao sters? Notice how he's disappeared after madly pumping it all weekend. I guess the shorting mode is on again. 25.9 mil yesterday. See how high it goes this week with options expiry and the good news take down.
The hedge funds in London are all waiting in anticipation to swoop in to buy up sound German companies when the Euro goes south.
yeah remember we're here to lose money on our investment. Orphan Drug status and we're down below $4 in less than a few hrs of trading
POOR DARN, we're only down 3.5% after the official news announcement yesterday. Hope and pray and wish today isn't far worse.
or closer to Chippy's options exercise price of $5.09?
"2014 total compensation for the CEO:
(base) $586,500; (Bonus)$70,380; (options) $5,001,416 (options for 1.340,000 shares @ $5.09)."
the truth of the matter is that insiders own less than 1% of outstanding shares. At 52%ownership this company's stock is completely under the control of hedge funds and their related tutes. 25.9 million shares and holding makes up 20% of the float being shorted. Nothing will change given this scenario going fwd, unless they decide when they want SP higher.
the FDA doesn't offer orphan drug status to just any drug company. This IS another step to validation of the drug believe it or not. My take was it's the least the FDA could do in light of last year's unnecessary clinical hold.
unfortunately by delaying this filing over a weekend the news has lost it's luster somewhat. It's as if they work in sync with hedge funds on keeping SP down deliberately even on good news. Why the 3 day late filing? Was someone out burning rubber on the streets of Menlo Park instead of working in the office?
shares of NQ are up 75% within the same time frame. 4% is nothing worth cooing about.
At least they didn't drop by 4%, which is usually the norm. We shall see today if GERN can stay green in a red sea.