Last I checked China doesn't buy drugs. The counterfeit them.
Clearing out the people who have a lunch hour break to sell in their hysterical fear...including Dr's. When they end the day, could be green.
Only difference this time is no one believed him and the stock spike 16% up at one point during the day.
Meant to say NAKED shorting is exactly what I am talking about. You can't have a constant 25%--60% daily shorting of total volume,.and not be into the pool of already shorted shares. Daily short sales are tracked... I reported here time to time.
He did the same with DRTX at $13 said the same thing, then it got bought out at $23 + $5 in CVRs He is most likely divorced now...lol.
Along with all the other biotechs and cures. Biotechs getting slammed. It happens when the FED starts to raise rates. Hear it could be December now, and maybe somewhere between .15%--.25%, which makes it even more ridiculous.
They probably realize their client is liable and now wondering how to back out of the situation as gracefully as possible.
James no offense, but have you been living under a rock. The Co was slandered, still impacted. Will recover with news from FDA or Trials if good of course. I plan on adding a few thousand shares tomorrow.
the #$%$ I even try to post something that questions someone saying the "Co is a Fraud", and it gets deleted by the "Moderation Team", saying my post add's nothing to the discussion, Yet if someone says the CO is a Fraud with no supporting basis, its ok.. SA is the FRAUD.
Yeah, I was correcting a misspelling and meant to re-post but had to leave. Again the Co. doesn't have a lot of PRs. When they do they are meaningful. I expect after this BS biotech correction, this will turn and turn up quick to November conference and test maybe even new highs. I would take some off the table, prior to the November conference, get back in for the AG-348 results. Just the way I am going to play it.
Shorts claim CTIX longs are a Cult. After all the rebuttals and complete dismantling of the Short thesis...I am not sure what is left with their short thesis, other than biotechs are risky. The shorts are delusional, they are the cult.