InvestorsHub Logo
Followers 1
Posts 54
Boards Moderated 0
Alias Born 10/23/2011

Re: None

Friday, 11/04/2011 9:15:34 AM

Friday, November 04, 2011 9:15:34 AM

Post# of 20019
IMO If they diluted as the price went up this was clearly a pump and dump move by the company. You don't put out a PR stating your looking to get FDA approval for a drug then 2 days later resind it. A company would do a lot of research and time just deciding if they want to go for FDA approval and anounce it. So to back off on your decision so quickly is a red flag to me.

From an investor stand point people bought on hopes of the drug getting FDA approval not going as a supplement. I bought shares wednesday near EOD and got out early thursday thank goodness. I have a bad feeling for the people who still own shares.

I hope it does go up so that people don't lose there shirt on this.