VBIV - Hey board! I hope all are doing well. This market has been shit, unfortunately...so not a good past few months for me.
VBIV - Matt and chewynew...not sure if you guys still have a position in this or not, but trying to get your thoughts...have you ever seen a company get FDA approval and tank the way this thing has? Hell, it needs 100% just to get back to where it was prior to the approval news...it's not adding up to me. I know there were (maybe still are) massive numbers of shares short, and I'm wondering if there was an intentional drop to help some of the shorts cover? I know the broader market action hasn't helped, but as far as I recall, the company was planning to start getting PreHepBrivo distributed in Q1, so we should start seeing some rev's, correct?
Luckily I only had 2k shares prior to the FDA approval...unfortunately I didn't sell...I added another 3k shares in the low $2's, but haven't touched it since. I figured there would be buyout news or something by now...the have a vaccine FDA approved, and have several other irons in the fire that I would think would make them attractive to a big fish.
Take care and enjoy the weekend!
