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Friday, November 25, 2022 6:37:35 PM
When the EUA application was announced on Aug 16 2021, the stock was 6 cents. It went as high as 13 cents a week later, and then dropped when it never happened. Now we are at a penny, and probably lower come December when people usually sell losses for tax purposes. The market does not care about the phase III Covid ARDS trial and potential expansion to general ARDS or anything else because there is no proof of it happening or explanation for unusual behavior. Fool me once (EUA), shame on you; fool me twice, shame on me. The CEO and the company was responsible for it, not a dozen different excuses and theories. It is very irritating to read the blame put on shareholders who believed information put out by the company and accused of being part of some scheme.
all in my opinion...but likely fact.
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