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fbg0316

04/04/18 8:54 PM

#62543 RE: Simple Steve #62540

Steve, hard to say for sure, but there are a number of signs the company is about to be sold: interim CEO for nine months now (If they intended to stay independent they would have hired a CEO by now or make TL permanent); five of the top execs removed from all material last week and the company is not responding to inquires on it (If they were still there a simple conformation by IR would be in line, but they may be avoiding the issue if the execs were removed as part of a deal); Bonstein recently wrote article touting how important CFOs are in drug development (it came across as something she wrote to help find her next job)

mfs777

04/04/18 9:22 PM

#62546 RE: Simple Steve #62540

This stock is still being heavily shorted. The trading pattern the last 2 days looks like some covering taking place...