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Saturday, January 14, 2017 11:53:33 AM
Why would she sell off a large chunk of the company so cheap?
1) She is in the home stretch of an expensive phase 3 clinical trial and out of money. She has to fund the trial. To do that she has to sell shares. What price can she get?
2) "She appears to have pissed off common shareholders one "fat cat" investor and lost major upside possibilities for shareholders along the way. Again, most shareholders are long gone and damaged beyond repair."
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