Come on greencandle, there's only a couple options here.
1) This company is toast. It's effectively on the grays and never getting off, and all of us longs are screwed. And every single person is wasting their time on this board.
2) My suggested game-plan is in fact true.
If you've been following this as closely as many of us, (and I believe you have), then you know this goes way beyond poor management, which nobody, and I mean nobody, disputes at this point.
You should know that PRED was intentionally and successfully targeted and destroyed by some very powerful pharmaceutical companies because it would have undercut their earnings significantly. That's why they offered PRED an attractive buyout offer way back when. PRED management refused the offer, knowing their true potential. I wonder if they regret refusing that offer now.
So do you think anyone is going to throw the next strategy out in a public forum? Come on. There are still parties that would love to continue sabotaging this company.
So how do you know I'm telling the truth. You don't. You should't believe a word I write. Or anyone else for that matter. I'm probably only posting because I'm bored. And beyond irritated at how this whole thing went down. This could have been so avoidable, and that falls squarely on management.
But why the heck do I still occasionally check out this board, and even more rarely post? Good question. There's no reason to at this point. None. Zero. I mean, PRED isn't tradable anymore by us mortals, right? So it's not like I'm trying to influence anyone to buy, buy, buy, and maybe push up the pathetic stock price.
So I really don't care if people choose to believe me or not.
In the meantime, all of us longs are stuck with waiting, and seeing if there is in fact a way out of this train wreck mess.
