German industry has done well out of the Euro as being an export driven economy it has had a cheaper more competitive currency than the Deutschmark would have been due to its less efficient co-member Euro countries dragging the value of the Euro down. Those still in work or with capital in those other countries have co-benefited by having a stronger currency than their previous native ones. Monetary union is all about trade-offs. They now just have to make the Eurozone more robust and shock-proof so it works for more of its citizens and creates more jobs.
The problem with Greece is the straitjacket of the Euro of which it entered at too high an exchange rate same as Italy and Spain. Tourist destinations like those needed a cheap currency which they all had before. However the Greeks seem mad enough to still want to remain in the Euro despite their GDP now returning to 1998 pre-Euro levels only this time with 180% debt rather than the sub 100% they had then. Sure the Greek economy is inefficient but inflation and devaluation balanced these inefficiencies over time before but are no longer possible under the Euro. Also none of these Euro countries had any problems before 2008 until the US, UK, Japan exported deflation to them by using QE in order to save their economies from the credit crunch. No Lehmans, no sub-prime crisis and there would not have been a Greek crisis. Once the rich hedgies could no longer get margin from global mortgages they moved on to sovereign debt for countries foolish enough to borrow off them at exorbitant rates. The Euro was incredibly badly constructed and barely survived its first world crisis and still may not. If Greece leaves, Italy and Spain will not be far behind and their trillions of debts will make a much bigger crater than little old Greece when they too default by devaluation.
All shorts in this stock are future toast after AF's employer has to fork over $100+m for his libelous article. Also why is anyone bothering to short a stock in the first place that has many years of cash reserves and where any surprises will only be on the upside ? Did you all have to pass a test in inane stupidity ?
and then all the lawsuits will be then be re-directed at AF/Street/CNBC and then they will have to pay hundreds of millions in damages after they lose too ! Get you popcorn ready, it's going to be a fun long ride to lots of extra free capital injections from these lying manipulators ;-)
AF would not know a good drug if it bit him on the #$%$. I was mocking shorts on the Avnr yahoo board when it was only around $2 as it was obvious to me then that they had a good unique drug with many good potential uses. AF and his dumb manipulator shorts got proved wrong there as they will here but this time his company CNBC will have to provide hundreds of millions of damages after ISR's hotshot lawyers are thru with him after chasing off his ambulance chasing comedians first !
link (remove spaces) provided (click view) in other post for $1m NGCD MSID brassboard prototype option activation in Jan 2015 for Chemring.
https:// www . fpds . gov/ezsearch/fpdsportal?q=+msid+ngcd+PIID%3A%22W911SR14C0038%22&indexName=awardfull&y=13&x=18&templateName=1.4.4
If the company does not defend 2.87 this is what happens. The stock was floating quite easily above that level for a long time but I suspect the company took that for granted, it should not, those high volume moving averages need to be defended if they are to provide good support.
In 2015 only Chemring Detection Systems have had a follow-on development option (brassboard prototype) activated out of the three initial 2014 contenders (Bruker/Battelle/Chemring). This may not mean nothing in the final evaluation or it may mean everything but on first viewing it does not encourage me.
Rosen either won't have the balls to go thru with it now ISR has called their bluff or the judge will take one look at the 100% factual ISR PR and laughingly dismiss the case and tell all these ambulance-chasers to stop wasting his time lol. The real court case is ISR vs AF, these ones are just the comedy warm-up ;-).
One step at a time. Any costs ISR take defending will then be added to the defamation/libel lawsuit against AF as extra damages. Babcock has hired good lawyers unlike the ambulance chasing comedians filing these frivolous lawsuits and they will turn their firepower onto AF afterwards. This will rumble on and on but he will not escape this time, he will get sacked eventually after he costs CNBC millions in damages. He thinks it's funny regularly destroying shareholder value of drug companies with his lies, let's see how funny he thinks it is when he loses his livelihood and reputation and it could not happen to a more deserving weasel snake and pathetic excuse for a human being.
Part 1. Part 2 will be the $100m+ defamation/libel lawsuit against The Street which unlike the others is a lawsuit WITH MERIT and AF and his fellow lying manipulators will go down for this, hard !
This is already a Nasdaq (Capital Market) stock. The notice was only to confirm that this was to continue as both the minimum cap ($35m) and minimum price bid (1.00) had been validated for 10 trading days.
Another good analysis, you are tracking these Short SoBs well. I will have to disagree with you though in that a lawsuit against AF is still essential IMO. He clearly defamed and libeled this company like he has done so many others but this time he tripped up by including clear lies in his piece which makes the case not losable on ISR's side. He said the study did not endorse Cs-131 when it clearly did for the most difficult cases. That is a clear lie that can not be argued against by saying it's just AF's opinion. This is a case ISR cannot lose and the only question in my mind is how much CNBC via The Street have to end up paying in millions for AF's big loud uneducated mouth. CNBC will also have to end up paying for ISR's legal costs in the end too on losing the case. So ISR will benefit by not only having its reputation restored but also by having many millions donated it to by The Street/CNBC. The pps will jump back up to $3+ in no time probably initially on the lawsuit issue PR.
Good analysis of today's short squeeze. There are enough shorts in this stock to keep it going right back over $2.
His silence is due to his innate indifferent stupidity. He thinks directly confronting libelous defamatory articles is beneath him. He thinks defending the stock price is beneath him. He must think he's a great scientific guru who does not need to concern himself with such earthly matters. Idiots like that need to resign and let someone competent take over to defend the millions of dollars that have been invested in this company which directly pay everyone's wages including this idiot CEO.
Where is Babcock's legal response ? Without a good reputation a company and its stock price is nothing and that sewer-rag dragged this company's reputation thru the mud and he's done absolutely nothing to directly counter the lies. Leonitus's anger is perfectly justified, it is a CEO's primary duty to defend a company's good name and stock price and Babcock's failing miserably at his only main job. WTH does he think he is, a CEO of a profitable multi-billion company who is so busy counting profits that he does not need to concern himself with such articles ? Pompous old sanctimonious delusional foo !.
The Street's article was a direct assault on this company and he needs to respond with a hundred million dollar lawsuit all the way to its successful completion otherwise these manipulators will NEVER leave this stock alone if the company does not defend itself against such brazen lies. All these frivolous lawsuits would then be re-directed against The Street where they deserve to be. It's time for Babcock to drop his delusions of grandeur about what he thinks his role is and actually do the actual job he should be doing which is vigorously defending the reputation of the small-cap stock he actually runs. This company has the cash and time to run a lawsuit against the Street to its successful completion, time to do it.
The CEO has to publicly defend the company and stock otherwise it will just continue. He is showing extreme cowardly weakness and should be immediately sacked for abrogation of duty.
The case is completely winnable as AF clearly lied as he said Cs-131 was not endorsed when it clearly was. Open and shut case, CNBC will eventually deposit $100+m to ISR's bank and then fire that weasel AF's #$%$.
"Time for the CEO to stand up and act like a CEO. The Street needs to be sued. Damages or not, he needs to tie them up in court or with legal fees at the least."
The CEO needs to restore the reputation of this company in the eyes of the investor public. Silence is being implicitly taken as guilt or weakness or both. The CEO's prime responsibility is shareholder value and he has seen it halved on basically a tissue of lies and done nothing of substance in reply. If he is not man enough for this difficult job, step aside for someone who he is !