Arch Therapeutics Inc (ARTH)

[jsmith123343]

To all the folks on this board..confused on why ARTH sold off last 2 days...

Its so clear. Some people are a bid disappointed with the timelines CEO is putting out. There was selloff first when he said CE will me end of year. Now mild selloff last 2 days is because CEO put a bit of a damper on the FDA timelines. Now he says 2017...maybe someone was expecting submission in 2016.

The technology is the same, the market potential is the same, so nothing has changed expect some resetting on some people who were hoping for a bit sooner paperwork.

Apart from that the release on 24th was very bullish, even more so than the trail announcement as it has more information.