The CEO diluted shareholders over 1 million shares
at these depressed prices, even when MMRF had $1 million in the bank. He sure isn't showing much confidence in the future of the stock.
As for the stock can't get much lower. Well, the walgreens settlement is history. The retail rollout and ad campaign have come and gone. The Celgene milestone payment has passed and now clinical trials can begin and will last between 1 and 2 years when the next milestone payment might come, let alone royalties.
And now we find out that Allscripts has launched a new patent challenge while MMRF copes with their lawyer unable to practice law.
Yeah, things are looking up here!
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,