Sometimes a CEO cannot do anything for the stock price, there is a thing called timing.
WS does not like small biotech GIA. Nothing JZ can say will change that and thus nothing he can say will boost the stock price.
He's made it pretty clear if they execute (Sales, Anchor, partner) stock price will take care of itself.
Nothing is going on behind the scenes that is driving the price lower. The company will have less than 15 million in sales YTD at end of Q2, sales for Marine cannot sustain the company, nothing can happen on Anchor until October. Many people got in hoping for NCE resolution followed by BO. With the stock down from 15-8 then 5's many people underwater, many people itching to get out, any small negative blurb makes for some more sellers.
In addition you have a half decent percent short interest, not overly large for a small bio but still a factor.
I don't see a large lack of communication.
We know they are looking to partner for Anchor, we know they have an Adcom, we know the Anchor approval date is December 20, we know Marine sales are growing but that Anchor is the key. I think common sense deduces until Adcom there will be no Anchor deal but between Adcom and Launch we could have a deal.
I'm not sure what people want them to say that they think will support the stock price for more than a few hours.
There is no evidence JZ is viewed negatively by BP. BP did not buy because JZ set price at a level that likely includes Yes on NCE and Yes on Anchor. BP set there level on, maybe yes, maybe no.
AMRN is in much better partnership discussion once they have Adcom and approval looks highly likely. So any partner discussions should be preliminary until Adcom, possible they get something done beforehand but if I was BP I'd wait for Adcom, no reason not to.
Unless someone can think of some words that JZ can say that means
1)We have a BP partner
2)Marine Sales are 500 million this year
nothing he can say will effect the stock price. We need concrete news not false promotion, sometimes there is just nothing can be said.
