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Re: HappyLibrarian post# 67859

Friday, 07/29/2016 10:58:57 AM

Friday, July 29, 2016 10:58:57 AM

Post# of 706963
Let's not forget that there was supposed to be an internal investigation concerning the allegations made about the management and CEO of the company. Those allegations have not been addressed to this very day.

The talk of investigation into manipulation of the stock is a separate issue. Let's say that someone like GS is found to have manipulated the stock. They will pay a small penalty and go right back to doing what they do. Read some of the settlements this year concerning dark pool and insider trading violations. It's simply a cost of doing business for those guys, no big deal.

I agree with you. Such a conclusion does not address the issues exposed in the Phase V report. It does not explain the partial clinical hold. It does not explain the multiple year delay with Direct . It does not explain the failure to meet every other publicly stated objective by management over the past few years. I don't see results from the separate investigation as providing any catalyst to the stock at all.
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