Sunday, May 15, 2022 6:27:39 PM
1) There are currently shareholders that purchased stock and held it through last week, only to decide that AACR is the last straw. If holding after last week I have a hard time seeing how this publication would be the straw that broke the camel’s back.
OR
2) There are currently shareholders that purchased stock AFTER last week’s “debacle” knowing what they purchased and so this AACR “news” is nothing new to them and so not a motivation to sell.
To suggest that there is some “educated” class of shareholders who would discount this information because it came from Stat or a short hedge fund, but would value the same info more strongly because of this new source, it could be possible but in light of the above I don’t agree. As part of an effort to try really hard to disagree with my own conclusion, the best I could come up with is you might find this article to discourage new buying that is necessary to sustain the price. I have no idea if that’s needed, and of course there could be some other reason you could be right I’m not aware of. That’s why I’m asking
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