Phio Pharmaceuticals Corp (PHIO)

[Inoviorulez]

Tang didn't short the stock. Tang just kept converting preferred shares to common shares then selling stock for quick profit. They just wanted instant gratification. Now I'm weary of Tang Capital and will not invest in any other company they are involved with.

Any company they touch they leave it toxic. For instance LJPC hit a 52-week high of $44.95 and now trades at $15 per share.

Heron Therapeutics hit a hit of 52-week high of $42.25 and now trades at $17 per share.

Point is that Tang is toxic they just enter a company and then sellout big to make instant profit. In the process they take the share price of the company lower. I have learned my lesson and any other stock Tang is invested in I will avoid.