powderbum
you are correct as to long lead time for publishing results in scholarly journals. However, there are several factors that affect publication:
1) the peer or editorial review of the article and verification that the results are scientifically sound and accurate as to methodology and evaluation of the results
2) whether the journal believes this article merits publication as to content, subject matter, relevance, etc.
Needless to say, given that the study you posted was completed and, supposedly published, three years ago, it would seem that there should have been an upward blip in the share price and the overall fortunes of the company and not this slow and steady decline back down below the Mendoza Line (baseball) or Mason-Dixon Line (US history) or even Maginot Line (European history).
Stock analysts may soon have what they will term the Mir Curve or Mir Line that will show how early pumping and dilution can only last a short time before reality sets in.
As to all of your other researchers that you have spoken to, I might ask why they can explain the lack of publication, the long delays, and most importantly, whether the articles have actually been ACCEPTED for publication, i.e., received, reviewed, possible returned for some editorial changes, and then scheduled for publication. Furthermore, while the claim might be that they have yet to be published, there is nothing to prevent any of these researchers from identifying the journals and the scheduled publication dates.
