I am beginning to think some of the institutions are now selling. This is not good. I think management was caught. Down 30%...if there was an iota of truth the institutions would step in and buy. vanguard alone owns over 2 million shares.
many of them very reputable, like Bank of NY Mellon, Blackrock , CALPERS and Vanguard. None of them have said a peep to counteract the Street article. Now we hear management will not respond, and no analyst has come forward to raise estimates. is it any wonder the shorts are killing this stock.
I do think that it is bad news if nobody including management comes to ISR's defense.
certainly bigger than PBMD. Plus lung cancer is extremely difficult to treat.
I am surprised this stock has not gone up by at least as much as PBMD. I can only conclude that the news is not widely known yet.
I can see this go to $10 quickly and get bought out, IF the news is really as positive as the PR claims.