Replies to post #217 on Versartis, Inc. (VSAR)

[RisingProfit]

They should have done that, today before market open.
Are they waiting for it to fall below $2?

They should remind the market that they have $4/share in cash, as you said, and what are their perspectives for the near future.

[benchman]

I agree. I think when they issued the statement "We plan to provide a corporate update later this year", they were not expecting this kind of price drop from the news.