Mast Therapeutics, Inc. (MSTX)

[zigzagman]

That's a good first post here Kenticus...

And Welcome! to the ANX board...

Are you thinking of buying some shares of ANX at these discounted "haircut" prices?...(chrome dome is more like it)...

As far as managing the company goes, they did a pretty lousy job on the NDA submission for ANX-530...IMO

They had an ex-FDA CMC specialist as a consultant on board...Shouldn't he have known about any recent changes in the CMC rules?...And shouldn't he have advised against submitting the NDA until they had the proper amount of CMC data from their new manufacturer?...I wonder how he could've missed that?...Was it intentional all around, and a way to profit from the ensuing 50% drop in share price at the open the day the RTF Letter was PR'd?...

As far as conspiracy theories go, I've entertained a number of them since the NDA got a RTF Letter...But really, what good does that do, since there are some things we'll never be able to know?...

The bottom line as far as I'm concerned is the management is neither concerned about it's shareholders, or doing a very good job managing the company...

If they were, they wouldn't have PR'd dilution minutes after they PR'd they submitted the NDA for 530 which killed any chance the stock would run...That was the beginning of the fall from the fifty cent range down to the high twenties...

If they were concerned about managing the company properly, they wouldn't have submitted the 530 NDA until they were absolutely positive that it had the best chances to get accepted IMO...What makes that issue more painful is the CEO stated in the last Investors Conference he presented at that he had made SURE they had dotted all of the i's and crossed all of the t's on the NDA application...It's now obvious that they missed a real big one...

That's strike two for management...One more strike and they're OUT! as far as I'm concerned...One more goof up, and I'll turn my back on this stock for good...

Management here is beginning to appear as incompetent as BW of CPTC...The other question is, are they as greedy?...