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Re: Carl Spackler post# 33938

Tuesday, 03/21/2017 10:06:59 PM

Tuesday, March 21, 2017 10:06:59 PM

Post# of 106839
That kind of hit piece is done often. Cramer bragged that he did it to Apple to lower their stock price. I think the story came out to make the stock price trade lower for a couple weeks while someone talks to the Board about a buyout. If it had any effect, it has since worn off.

As for the FDA, I would imagine that they would be able to delay FDA approval for a very limited time - tie a decision up while getting a second look at something, but if HH's post is accurate, denying approval could end careers. Hopefully the board doesn't panic and stays the course if games are being played.