"Our thoughts are with the entire Silimed team" say Sientra. Hey dummies get someone on a plane & get down there! You should have already had a team there investigating the sales halt & working on helping them pass European criteria. Jesus these people are idiots!!!!! Your thoughts should be with your shareholders!
How much scrutiny did this guy lob on Herbalife (HLF) making accusations of impropriety. Now one of his core holdings is on the receiving end. I'm starting to believe in Karma.
I haven't looked at the minutia in the prospectuses. Is there a reason why Sientra doesn't manufacture it's own products? If Silimed has some type of control then it makes Sientra simply a marketing company.
I love it! Maybe the best buy signal you could get. I bought SWHC right after Newton tragedy. Subsequently a bunch of pension plans divested themselves of gun stocks. I still giggle every time I see it up over 100% in 2 1/2 years.
Judging by my all my thumbs down it's my opinion and not very favorable. Sorry longs the story is so old and just getting older. Your CEO needs to go. I have a good friend who lost a ton in this. I'm not short never have been, but I've heard the story from him so many times that is why I say it. Best of luck to you, be careful going forward.
All promises no sales. Company is full of itself.
Going from a $1 to .50 is a totally different story then You didn't indicate that earlier. A lesson for the future. If a stock needs to do a reverse stock split it's usually a very bad sign. The only times I've seen them work was with a small float & insiders wanted to take it private, and force out minority holders.
You held a stock that went from $12 to .50 cents without selling it earlier? Don't blame management when you didn't have a mental stop in to sell.