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Re: antihama post# 60572

Wednesday, 05/04/2016 1:44:19 PM

Wednesday, May 04, 2016 1:44:19 PM

Post# of 730233

I'm thinking its because there was some other news that was to occur within these past 60 days that would drive the stock price up such as an update on L, or release of the internal investigation, or perhaps finalization of the agreements on the Direct combo studies.


I'm thinking more or less the same thing, that they were hoping to actually have signed agreements in place and/or something positive to report on the status of L. (They obviously still expect something very positive within the next few weeks.)

But still could have provided the same preliminary news about the pending agreements much earlier in the month. They literally released the news on Monday right before a big downturn in the biotech sector on Tuesday and Wednesday. If they didn't have bad timing, they'd have no timing at all.
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