Suppose ALNY issues 1 PR every 3 days. During the 13 years ALNY issued 1581 PR without a single product and management and hedge funds crooks raked in hundred millions dollars. Where is this money, can you guess?
7/10/15, 7/14/15, 7/16/15, 7/17/15, 7/20/15, 7/22/15 : One PR every day for nothing at least until 2017 as they said (will apply New Drug Application.
If you look alny chart you'll see how the "PUMP & DUMP" Strategy works.
Another PR today and will apply new drug for 2017. They issues at least 1 PR every 2-3 days.
Of course alny always talks about their "new future drugs". In reality they didn't have 1 single drug in 13 years. Wait and see how long they would have the first drug if any.
It's funny when the company has no product for 13 years and CEO earns 1.1 Million salary and exercises more than 25 Million stock options.
If you look at at column "Presse Releases" of ALNY on Yahoo Finance page, you'll see ALNY issues PR every a couple of days. These PR always good news about RNAi but NO REAL RESULT for 13 years. So far ALNY still has no a single product. This is a record and ALNY survives by the news like a patient is alive by life support machine.
The management will never announce bad news unless they're bankrupt. This company survives by feeding investors good news after good news about RNAi for 13 years.
ALNY was found in 2002 and stock price is up from a few dollars to 126.today without a single product. Why?
Because the company feeds investors constantly good news after good news about RNA (never materialized).
I wonder how long would these investors wake up?
I bought achn this morning @ 9.82
Good question! I also want to know why J&J agreed to pay 12.25/share?
More than a year ago when kndi was plagued with disasters: SEC investigation, CEO Hu, a cheater, big losses, attacked constantly by analysts such as Jim Cramer etc...but people kept buying kndi some time pushed price to $22.
Now no more SEC investigation, no vicious attacks by Jim Cramer, stable business and profit... but people sold stock like crazy and pushed the price to new low. What's going on here?
In my opinion (may be wrong) this is a big scam that some bad guys try to get rid of small investors to take their shares before they push the price higher. I bought kndi from 13, 10 and 9 and keep buying if it goes down more. Please wish me good luck.
And all other analysts' target price is $27.50. The result of galeterone phage 3 will be announced on the second half of 2015 and Oppenheimer analyst believes galeterone efficacy is superior than Zitiga and xtandi.
Trying to take away pbr shares from weak hands or make quick money, Wall Street big boys lower price at pre-market then increase price slowly during the day because they know well pbr is at near the bottom and starts to move up.
Really sorry for shorts.
They're really tired to count money.
No product, no profit, loss every single quarter from 2002 but alny keeps going up and up. Management feeds investors with PR all the time and management team rakes in hundred million dollars.
WHAT MAKES SENSE TO INVEST IN THIS KIND OF STOCKS? FOR WHAT?