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Re: shadolane post# 12002

Wednesday, 06/28/2017 12:25:30 PM

Wednesday, June 28, 2017 12:25:30 PM

Post# of 16911
Rough calculations ~ 10 mil in cash as of March, give or take/ ~ 21 mil shares; the bleeding should stop when price = .50 .. … Directors get $50,000 /year, @ least that will stop if someone buys out the company for the cash on books .. … Scott Smith from Celgene should be most ashamed of being associated w/a company of this stature as a member of the board (even 50 G a year is not worth the career smear for an up & coming executive)… the rest of the board appear to be retirees & friends of management, so 50G a year is a good gig as long as they can milk it.. … price washout was somewhat expected following Russel boot out.. then when price broke 2.05 triggered stops, when it broke 2 triggered more selling .. should stop soon .. expect short term bounce but if no good news announced soon, don’t expect people to place > $ on this management team’s talents..
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