Thanks JohnB for getting the news out here so quickly.
It's great to see that our management is following the tried and true paths of addressing single and pinpoint applications of our antibiotic platform which seems to have endless possibilities. The fact that there is so much that can and should be addressed truly is a "high quality problem".
The news on the up-listing front should really garner it's usual commentary from our board experts and traders who will no doubt beat the horse of requirements to death over the next few days. Speaking for myself, I am not surprised by anything that this little giant has and will accomplish.
John B, thanks for posting this morning's PR. Another very informative and interesting presentation by the company.
I have this strange thought rattling in my brain; that, recent articles on SA are the typical Pied Piper variety. To wit, followers will most likely get killed off. My thinking: Self avowed shorts are really just trying to get volatility up to swing trade. Two main reasons for my thinking: 1) Why release a hit piece on a Friday afternoon? Gives the company a weekend to counter, and investors the opportunity to calm down and reflect. Best time to release a hit piece is Monday morning, when investors are ill prepared to figure out what has merit. 2) The substance of the hit pieces are so obviously superficial. For example, headlining questionable asset values based on depreciation. I know of many a valuable asset that is depreciated to zero (artificial accounting values for tax purposes). I remember when Hugh's Aircraft had a book value below zero; but, was actually worth billions because of their massive and strategically located real estate holdings. Depreciated to zero on the books due to the long time span of Hugh's ownership. Depreciated value, replacement value, utilitarian value; the author was painfully struggling to find a point of criticism.
The trick of the tricksters usually is to establish a position early, get the message out, get the herd moving; then, buy when the herd is selling or sell when the herd is buying. Nice perch to be on when one is able to use SA's megaphone to the uninformed investor. I have no proof, but contemplate some benefit from these types of articles getting back to SA Principals. I just get images of Dan Dorfman, Carl Ichan, Bill Ackman, Warren Buffett, Elon Musk, Donald Trump, and many others floating in my head. In regards the latter group, they love to broadcast their positions when they think it profitable to do so. So easy for the rich to get richer. Followers, just, be careful. Not trying to make any points of equivalency, some Pied Pipers are better herdsmen than others. Some care for their flocks, some just want fresh meat.
Shorts are particularly pernicious. They usually only make a small amount for the large amount of carnage they can cause. For instance, bringing down a billion dollar company for tens of millions in their pockets. Or, hundreds of thousands for reducing a companies book value by tens of millions. No harm, no foul. ... . Are you kidding me. Unregulated buzzards.
Beware not to be the roadkill for these "buzzards":
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