Yeah , it just wasn't BMSN's day yesterday . Although we speculated that somebody might take the PR as a reason to exit none of us thought that would happen because of the pump that ensued
Well it looks like it did indeed happen , a big holder wanted out and out he got.The PR clearly laid out a long term view of the playing field with no short term frills and that obviously didn't appeal to somebody who was probably here for the big flip on the IND FDA approval news.
I say good riddance , I also say in the long term if this kind of consolidation happens , if the shares slowly redistribute and settle into stronger and stronger hands the next time we go over 1c will be the last time we ever visit sub penny territory
Its going to be a hard slog but as we get nearer to the milestones clearly laid out that PPS is going to magically creep up, most likely undetectably
It's called INVESTING , therefore short term flippers , pumpers and dregs better take a hike because there is nothing to see for them here any more , it's time for them to move on.