Proteon Therapeutics, Inc. (PRTO)

[Leonard McKinley]

It was fairly obvious that the company must be sold in one manner or another once they had so screwed up the P3. However, the incompetence of Boards and the greed of management can lead to all kinds of screw ball outcomes. So, the good news of the press release of yesterday is that they appear to understand that they are toast. That is a valid reason for the stock to go up. The increased probability of a sale or other transaction is the reason that I doubled my position. Nevertheless, there are always sellers on news, because news provides liquidity.