so far Linda hasn't been able to get even a dime out of them and the Germans approved L about 16 months ago.
my guess is that won't be any significant news and that the Friday close bell ringing was all NASDAQ offered AEMD. The bell ringers who get the prominent "on the open" slots are IPO's and much larger companies. Let's face it, AEMD at less than $80M market cap is lucky to be on NASDAQ.
It appears that NASDAQ market makers are having trouble making a market. At least 3 times the bid and ask have gone to zero offered. The trade at $7.50 came out of left field. After seeing that trade I entered an order for 1,000 shares at $8.68 - 300 were offered at the ask. Immediately the quotes were lifted for the bid and ask. I cancelled my order - not even a partial fill. IMO trading is problematic for the first day on NASDAQ.
For sure some short covering is happening IMO. As previously reported on this message board, I have my stock on loan to shorts. 70% was paid back today. Of course the short(s) may have found a cheaper rate (I'm being paid 14%), but with volume over 2 million, the odds are that short covering has begun in earnest. But I don't for a minute put in past a large long to try to raise the stock price to do some long liquidation of long positions courteous of panic shorts.
If management wins the vote tomorrow and with half the stockholders voting for Trian, management and the board will be under even more pressure to perform results than if they lost the vote. There is an old Chinese proverb, "Keep your friends close. Keep your enemies closer". DD is going to have to shine brightly or there could be a clamor for a management change.
Trian is only asking for 4 board seats out of 12. Peltz can not control any vote so what is management and the shareholders supporting them afraid of? Peltz only wants to bring fresh thinking and debate to the board. He's got my vote.