Normal legal procedure. If you CAN appeal, you WILL appeal. True for any case with extreme consequences. Plus, this has turned into a street fight. Neither side wants to back down or lose face
This is still overvalued a lot. They're only afloat right now because of recent dilution. In a year they will be desperate. If they can pull off a turnaround, of course that would be great. So, you're investing on faith. btw in case you don't know, almost all small caps had a selloff yesterday at that time. Could be ppl adjusting their portfolio for Baba or who knows what, but not really a reflection on the individual stocks.
The triumphant rollout of all their hard work, years in the making.. you have a point. Maybe he was pushed out?
yours is the point of view of a young man. he's getting on in years. why go out on a dud, so to speak? i don't know the guy's situation, just reading the tea leaves *shrug*
oh sorry got you mixed up with another basher here that has a similar id. point is he got stock... i know it's no guarantee of anything but i read it positively long term (but I see today's swing as a short term opportunity)
the baba effect may be legit. also... it had a sweet run up, more news is pending. they need results in the 2nd half of the combo drug they're working on, if that goes well this will skyrocket more, if not, ouch :D
-11 to -6 was a nice quick turnaround for me... but your analysis is illogical since the previous discussion, that you were a part of, revolved around the large amount of stock he was given...
doesn't sign up willie nillie to a position with poor prospects. may still be interested in working on innovation, but an svp position is high executive, not a lab coat guy. he's here to cash in on his career i'd guess, if he's as smart as he sounds. just my humble opinion :D
I just checked the pr and it seems a little soon to claim the results are being held back. An any day now expectation is reasonable.