Kitov Pharmaceuticals Hldgs L Sponsored ADR (KTOV)

[zj3001]

Why does everyone want a press release daily. They just gave us one last week. I understand the concern but look that it this way. We had a run up and millions of shares traded. We had 300-400 new followers/possible traders show up on ST. These are uneducated followers that buy/sell on other pumps, volume chasers, and gain chasers. I just see this as weak hands trying to get out just as fast as the got in to move on to the next possible chase.

The float is very thin with low volume that day traders can bring down quick and have done so before.

I’d like company to release statements if 10%+ of float traded. I don’t think you have anything to worry about other than do you have dry powder to pick shares at this price.

Legit news will not hit until FDA decision and/or more partnerships take place in the next 2 weeks. FDA was running early on decisions not too long ago, but now see they are right on time.