Based on exactly what? A drug based on an NDA that seemingly can never get filed? An identical competing product with a larger trial cohort and longstanding FDA support? Or perhaps a pricing strategy which is both toxic to both current LEMS patients and the public at large?
Bet on it. Jacobus has schooled these clowns at every step with larger trial enrollment, faster trial turn-around, etc....the reason CPRX is getting hammered is because the 3,4 DAP race is OVER. Notice not a SINGLE analyst upgraded CPRX's price target or issued ANY guidance post quarterly call......they know what is up.
......no future. Pat will milk the remaining cash for years to come. Good results, bad results or no results, the guy gets a huge salary, bonus and free shares no matter the outcome. Why do you think hedge funds are fleeing this turd en masse, thus driving the share price down almost every day for the past month? One sniff around Catalyst after taking a stake and any investor would sell. Yet still the BOD does nothing....the 2 newest losers haven't even bought stock in the open market during this latest crushing of the stock. Investor friendly? Only if you are a masochist like jersey, guw1, omorp, etc.
Delays? CPP115 results was supposed to be released in Q3.....result? Delayed. NDA....same thing.....delay after delay. If you follow CPRX's website, you will notice these scam artists only post their presentations for 30 days (!!!!!!) , hence all their publicly stated commitments somehow disappear.
I would suspect either a SEC investigation or a push of the NDA into 2016/failure of CPP115
Hey bonehead....Jacobus is non-factor huh? They just completed their Phase III Dapper study with a far larger cohort that Catalyst.....they also just won the top abstract at the AANEM conference. I'm sure this has nothing to do with why Catalyst is getting CRUSHED.
That is the money maker baby!!! By that time, this POS will trade on the pinksheets and Pat will have diluted shareholders with another 150 million shares! How is this bozo still the CEO????
Shady Florida "biotechs".....when does Paul Merrigan quit?
Of course someone knows something....know any real biotech that switches the entire trial protocol a day before the trial deadline and magically pushes out the revised clinical deadline to Dec 31st? Bwahahaha....just shows that even turd companies can rise in a bubble.
Dummies......told you this company was a total scam.....have you lost enough money yet or will you wait until Jacobus files their NDA before these used car salesmen? Feel the pain!!!
Hey guw1.....you do know that almost a month and a half has passed since the 13F filings right? You realize that most of those institutions are the ones dumping shares and driving this dog below $2/share, right?
Notice CPRX management isn't buying a single share.....the trial results will either be non-compelling, a failure or pushed.....take your pick idiots!
But I can tell you Pat & the gang will have lots of gifts under the tree, courtesy of the sucker investors who are dumb enough to believe in these used car salesmen. Strange how no one in management is "buying" stock these days. LOL.
Wrong huh? Have you noticed that the share price is heading down like greased lightning, just like I said it would? Should I take a victory lap when this thing hits $1/share? Lemme guess.....a buying opportunity, right?