You've already answered your own question, "Maxim should read the 10K about the SEC investigation. This stock is a scam." Having many senior moments?
I know all too well that trials can fail. Picking a winner in bio is always a crapshoot but management can make or break a company. You can have the best drug in the world but if the management botches it up, that drug may never see the light of day. I listened to the latest presentation and I agree Dodd sounded optimistic. I would have been more concerned if he didn't but may conference calls and presentations have sounded enthusiastic only to end up with trial failure. I'm okay with the risk at this level and, of course, I want the company to succeed. I'm just balancing my expectations. GLTA.
I picked up some shares as I thought the upside was more likely than the continued slide to the downside. I am, however, realistic. When I see posts screaming "To the moon!", "Buyout imminent" and the like, I remain highly skeptical. I wish no bio failure but I think unchecked enthusiasm is as bad as constant bashing. At this price, the risk is acceptable to me but success is not a sure thing.
Babe, have you changed your ID? Haven't seen you lately. Don't feel too ashamed. We can't all recognize a successful company. Perhaps you should reach out to some experienced investor for guidance.