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Thursday, May 15, 2014 5:14:39 PM
So if I've got it right you think the stock dropped because some MMs used "some dudes words about a trial"as an excuse to take down the stock and that it was a "scam" to pick up cheap shares. I thought the "dudes" you were referring to were the company. They admitted the trial failed on every endpoint but safety.
If the company is "onto something" it sure didn't show up in the trial. There was no cognitive improvement and the amyloid effect was somehow botched.
Small biotech stocks regularly collapse after major failed trials. The fact you think the price drop was a " big scam" is quite funny. This was a huge trial for Prana and the fact it failed pretty much killed their drug's prime indication.
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