PROTALIX BIOTHERAPEUTICS, INC. (PLX)

[king oil]

Why are emotions running high?

Here is a possible reason.

If you purchased shares 5 years ago you are now down over 70% from your investment. Meanwhile the management team continues to enrich themselves. For example Dror’s total comp last year was over $1.4M. Why is he making so much when investors have lost so much? And now he wants us all to allow him to dilute shareholders even more so he can continue to get rich at our expense. This is why there is a mass sell off.

If the company is still desperate for funds after obtaining multiple approvals for its flagship drug something is wrong. The details behind the milestone payments were never clear. Now we know why. The stock will continue to tumble as long as this management team is in place.