Maybe Im being blinded by the science but it seems the liability is capped here. How much can they really get on a suite that is based on a missing disclosure. But I guess that is why everyone sells. There could always be more that we dont know.
I usually wait for phase 111 with strong results to invest in bio, but TLOG is being touted as a cancer cure though it is very early in the game. Have you looked at this one? BIND is another one like CYTR etc. that uses binders to make Marketed drugs more effective. I believe HALO also is similar with major Pharmas already successful with its binders.
Yea. Only the lawyers win here. I cant see the case winning much money for the shareholders. It is one of those cases where all the shareholders are better off forgiving the CEO ( whether guilty or innocent) so the company can concentrate on the science. Winning 200 bucks if you own 1000 shares or having your 1000 shared double from here if case dropped ? What would you choose?
Many will get rich from this drama. This one really is a no brainer. There really is no big liability suit here. Usually you have to buy a stock that has tanked do to a serious accounting or fraud issue and wait for the smoke to clear. CYTR will probably be back to 5.50 next week.
NWBO is one on AF latest bashing after their run up a few days ago. Their CEO did come out and in so many words called him an out right liar. Why these companys do not sue him is beyond me. He has attached at least 4 of my bio's. Maybe its a P.R. mess to sue. I just wish someone would sue.
wish CYTR would say something.
No law against pumping. Go chase an ambulance.
I still cant believe the moves he gets from his remarks. This is recycled news small potatoes. He is a hack and everyone knows it yet he gets these reactions. He didnt even trash the drug. Diclosure issues and a 3 dollar move? Unreal.
Im not real familiar with the propertys yet. They may well be very productive depending on the location and tenants. In Some citys they are gold mines.
Huge BIO correction- They have weak short articles everywhere the last few days. Pond #$%$ way to make a living.
As easy as it was for him to scare peeps here I can see why there are so many bio short terrorists . AF and all the rest know bio investors are the most skittish. It is a low life way to make money but no denying it works. This was pretty weak short case for CYTR but he made it work on a BIO tank day. It was really just recycled news that barely got a sell off 3 weeks ago.
Stocks always go lower than they should on this fear mongering. 3.50 would be considered way over sold and a very nice risk reward. If there are no big law suites it will reverse to the mean which is 6.50. It could happen in 3 months. Thats a double in 3 months. Wow. If there is a frivolous law suite it can still hit 9 in a yr with good results.
You wrote many words for nothing. It wasnt " sleazy marketing. They paid peeps to keep putting many repetitive articles that copied there own published data. The dude is pro touting. I love that kind of CEO. No rules broken. The only sleaze around is the Alpha shorters.
Safer to buy only bio's in Phase111 with outstanding data. The next best thing is here at CYTR. A 4 buck stock going in to phase111 this quarter with really great data here is to good to pass up.
nope. He is not formally on the board. CEO has finance degree. He is an expert on setting up options etc is my guess. He is on quite a few boards actually. He is guilty of being real smart and touting CYTR uncarefully. I dont think there is much of a lawsuit there.
LOl. It cant possibly be a large lawsuit. Promoting with no misleading factual info, but only "paid for Promo" missing disclosures? LOL No money there Im afraid.
All you moron shorts spit #$%$ with no links to prove your lies.