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Re: BioBS2012 post# 156928

Friday, 01/17/2014 10:10:01 PM

Friday, January 17, 2014 10:10:01 PM

Post# of 346050
ALL companies TYPICALLY release bad news on a Friday (after close if they can). It is to minimize the negative impact because either people are more focused on the upcoming weekend, or because they get time to digest the bad news over the weekend

I agree but if you remember the worst news in pphm history was for some reason released before the bell on a Monday instead of after the bell on Friday when we all know mgmt knew at least a week before about the botched data. Remember they had to withdraw from a conference for" personal reasons." Makes you wonder about the business IQ or motives of mgmt. All imo.
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