Many of us here were lectured that the CA trial was an impediment to stock price growth, and that Wall Street was holding back until the trial was settled. Well, the trial is over and all Wall Street did was apparently yawn. They were underwhelmed.
Yes that theory had as much truth to it as the manipulation theories, BP in cahoots with each other, accumulation, the "family". Just one of many excuses as to why stock price is near the bottom. There are people who still think mgmt will get something significant from the CSM lawsuit. Bottom line is that pphm does not blast off until a deal is made if one ever is made. All imo.
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