Criticizing a CEO is every stockholder's right, but in line with the criticism is that they know what the heck they are talking about. The share price is down, no doubt about it, but the main question is WHY is the price down?
Has mgt caused the problem? IMO, No.
Are the products faulty? Again, No.
What has gone wrong since the stock was over a dollar within the last 8 months? Nothing, except that we have had a delay (granted, a pretty long delay) in the announcement of Prurisol P2B results and that appears to be more of a function of the CRO instead of IPIX mgt IMO.
Has the future of the company taken a drastic turn for the worst? No
We still have all the potential we had last year and quite a bit more as further successful trials have been realized (B-OM and B-IBD along w/ K showing the effectiveness in its trial that we were hoping to see)
I am all for stockholders being active, but mighty sore when those doing such criticizing don't appear to realize why the stock price has been taking such a hit.
I still firmly believe within 8-12 weeks all stockholders will be wetting themselves with glee at the fortunes of the company.
As for traders that simply get in and out on technical analysis or momentum, I could give a rats ass if they lose money as they are no more investors than a person playing blackjack with no knowledge of what is to come other than just playing the odds.
Leo's job is not to make the share price high in lieu of making sure the company is as strong as possible, working efficiently, and moving our drugs forward to commercialization as quickly as possible. I believe he has been doing that in a remarkably capable manner and the share price will reflect this in the very near future.
I understand your current frustration, but sure hope you stay in as this could be / should be maybe the best investment you ever made.
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