I would think most have sold there shares in PMCB even if they wont admit it. ceo is AWOL no one knows what going on its been this way for year just look at the history and the chart of this company its a pattern. I would think a new ceo will be coming in soon
Unfortunately this may have been the smartest move as I capitalized a few days ago on same situation.........and for me a minimal loss, but IMO some not so good scenario predictions from others may come true soon. Will keep my eye on it for future?? But in the meantime dropped all like you.
There is only one reason for a name change, especially when there is no merger in the picture; it is because mgmt. wants to erase negative view of prior name-just as you suspect.