The problem is not the likes of Traskie, it is the fact that Murphy will not adhere to the rules of the street. Guidance is the name of the game and he treats whatever contracts they have like they are national secrets. When money managers can't get a straight answer from the company management, they simply move away from the stock which emboldens the shorts to get more aggressive. Nobody is arguing with the science and that it is viable in todays drug development world. The problem is simply that a scientist is basically competing with Wall Street short sellers and Murphy is either ill equipped to do the job or doesn't care about shareholders. Just FYI, I'm extremely long the stock and extremely #$%$ with Murphy's business sense.
I've had realtoppajerk on ignore for months but I hope Yahoo will give up his name. There's been so many ignored messages on my site that he must spend all of his time posting BS for pennies. Typical idiot basher making minimum wage (maybe)
I have been a supporter but this move proves that Murphy either lies at investor meetings (last weeks call) or has absolutely no regard for shareholders. I've been involved with a number of public companies and when management states that they have two years of working capital and subsequently does a secondary, there's something fishy. Not saying what the proceeds will be used for simply compounds the problem. It's time for this board of directors to start looking for a professional manager instead of a scientist.
Murphy may wish for a 5.25 price but, given his history, you can bet that 4.50 to 4.70 will be a ceiling and that the shorts will be thanking him for the extra profit..
give any hint about the number of contracts, the market is basically saying #$%$ Mr. Murphy and allowing any shorts to sneak out the back door very cheaply. GROW UP Management and play by the rules. This isn't a guessing game!
There were two buys- 1 for 94000++ shares at $5.30 and 1 for 39000++ shares at $5.30 and a sell of 600 shares at $5.17.
Never trust after market trading
The bid is .05 and the ask is .10. The 5.50 call is bid at .17. Learn to read before you spew garbage
Carson has probably been out of his position for a year. His mode of operation is to short then write one of his distort hit pieces and bail out quickly if the stock comes down. Some of his followers are undoubtedly still in the position but one piece of decent news will start the run for the door. There are a couple of hedge funds using algo programs to hold the price down through BATS, Edgex, and NTRF but it's obvious that they're getting nervous