So then, by your "logic," companies like Merck, Pfizer, Glaxo; etc., should get rid of their respective CEOs, as these companies have approved and money-making drugs on the market.
Does anyone here think before posting?
As the resident apologist has been stating, important data is pending from the company.
Important data that will now be released following the recent resignation of the former failed CEO and, as of today, the Chief Scientific Officer.
So... this news had better be STELLAR, seeing as GTXI has fallen about 30% in just the past month.
And if the news is great (again, as the apologists claim it will be), how high will GTXI bounce; if at all?
25%? 30%? 40%?
Because even a massive 50% bounce off today's price of $1.33 will simply take GTXI back to where it was trading a month ago.
Hardly a "win" for the apologist victims, as a 50% bounce would still leave GTXI trading nearly SIX DOLLARS below where it was trading 10 months ago.
And I am absolutely certain that any 50% one day bounce would be met with a LOT of profit takers.
As I've been saying, this is what happens when a failed CEO is allowed to remain in place for YEARS by a seemingly do-nothing Board of Directors; the PPS gets beaten down to such an extent that any good news provides little to no relief for long-term shareholders.
Again, the people ostensibly running this pseudo-company have completely FAILED shareholders.
As *proven* by the stock price.
You keep touting GTXI's current situation as simply a market driven biotech event.
However, unlike the vast majority of biotech stocks, the company's founder and CEO recently resigned; the company's Chief Scientific Officer just resigned; and as of today GTXI trades at a 52 week and ALL-TIME low.
Is this true of all the other biotech stocks that are also down today, this past week, and this past month?
You are an apologist pumper victim long who will say *anything* in support of your TOTALLY failed "investment" in this failed stock.
Seems like the short position on April 1 wasn't a loss or dead money, and that Hyde did (to date) throw away his money on his recent "investment."
Now, what about the preliminary results and the data you have been touting as big pending wins for the longs?
Still feeling positive in light of the FACT that both the CEO and the CSO have bailed out since April 1?
tick, tick, tick.... INDEED!
Be sure to keep everyone updated via this thread, okay?
What's another 7% drop, when GTXI has already lost a MASSIVE amount of value in the past month?
And the former failed CEO leaving? No big deal!
And the CSO leaving? It's all good!
And the pending survival data and other important trial-related news?
If it's good news, then that's GREAT! And if it's bad news, well then that's GREAT, too!
Nothing - and I mean NOTHING - is ever a negative on Planet GTXI...
The former failed CEO deserves a big severance payout, seeing as he only banked millions in salary, bonuses and other financial considerations during his almost two decade tenure as CEO.
So what if investors who bought and held GTXI when it went public have lost 90% of their investment?
GTXI is all about "the pipeline," "the patients," and "the future," and NOT about something as pedestrian as making money.
Who needs that trouble, right?
Lucky for you the FBI doesn't investigate low-frequency thinking...
As a result, that 5%+ drop you see today? Well, it's not really there.
This according to the apologist victim pumper longs who have remained "long and strong," who "never panic," and who are expecting nothing but GREAT news over the next few weeks.
I've been informed that Dalton didn't resign, nor was he fired.
The SEC is now investigating...
So, was the "bottom" on March 31, as you clearly stated it "looked?"
Good thing you "never panic," huh?
You've really shown the shorts, off-shore hedge funds, dark pool traders, "bashers," and all the other nefarious people out there the true value of staying "long and strong," haven't you?
You've totally schooled everyone...
That warm and fuzzy feeling you have right now?
That's the feeling of "no insiders selling."
It's good to know you're in good company, isn't it?
When you're sailing to Nevis this Summer on Hyde's yacht, be sure raise your glass to all the "insiders" who didn't sell.
"James Dalton the GTXI CSO did not resign nor was he fired."
Somewhere today in Washington, DC, a GS-7 employee at the SEC is having a good laugh regarding your "complaint," as well as your interpretation of what constitutes a criminally posted "false statement."
I'd wager Hyde wishes he never got involved in GTXI in the first place.
Regardless, even if GTXI crashes and burns Hyde won't miss any meals.
Unlike the apologist victim pumper longs, who WILL financially suffer...
And two weeks from now, you'll likely wish you had sold today.
GTXI has fallen a whopping 25% in just one month.
As a result, GTXI now needs to rise 45% just to get back to where it traded a month ago.
And even at $2.00 a share, GTXI will still be trading almost $5.00 LOWER than where it was 10 months ago.
This is simply FAILURE on the part of the people running this "company."
And for this, they have been paid.