The oldtimers board may be just cheerleading to deflect attention from the real story. This whole thing is beginning to stink. How could we not have had better news, and the stock price goes up 20 cents? This stock was over $5 when we didn't have an approved product. Now when we do have an approved product and sales growth and a European partner and an expanded label pending and European approval any day, it's at $2? How 'bout if the oldtimers board comes up with a logical reason for that.
I'm defending Obama here. He didn't know who he was shaking hands with.
The problem is that GE may make an offer to buy at $2.50 a share or some other lowball figure. If the board of directors is not populated by men of honor, with a little "persuasion" here and there, the deal could get approved. I've seen it happen before.
that this stock price is being kept artificially low so the company can be bought out at a hugely discounted price. No stock keeps going down on good news. This is ridiculous.
“We believe that this is a good way to create shareholder value and continue to expand interest in our Company as we continue to make progress on our development of our investigational therapy Multikine," says Geert in his inspirational message regarding warrants, so we can conclude that dilution of the value of existing shares will create shareholder value ... How?
The math doesn't work if you plug in the wrong numbers. There are 300,000 cases per year of breast cancer and melanoma in the U.S. alone. If Lymphoseek becomes the standard of care, that dwarfs your 50,000 does per quarter. And Q3 can hardly be used as the baseline for sales.
"Company has serially disappointed on the earnings front." Navidea's only had a product on sale for five months and has never posted quarterly sales projections. C'mon.
I would think it's a safe bet that everyone you meet, have met or will meet is smarter than pup sydney.
Any company's for sale at the right price. The point is, with this company, just a few big holders with a complicit board of directors could get the job done without any of us having a say. Oh, we could vote, but we'd be crushed.
I didn't read Flog's post because he's on ignore, but I sure remember ONT. That company came up with a breakthrough electronic device, started to fly, then the board of directors accepted a sweetheart buyout offer. Several ONT execs went to work for the new company, a bunch of lawsuits got filed, but the retail shareholders got royally screwed. Same company?
I believe I would too. I wouldn't have a year ago, but there's something nefarious going on here. If the board of directors agrees to some ridiculous buyout of $2.50 or so, I'll be first in line to be the lead plaintiff.
that the price of this stock is being held artificially low so someone or some company can buy it out for a huge discount. There's no other reason that repeated good news should constantly be followed by price dips. I've seen it happen before, by the way.