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coldasice

09/13/18 3:48 PM

#11389 RE: coldasice #11388

On that note, referencing my previous post. Once amateur hour ends, we should go higher, IMO.
People smarter than myself say it’s the right thing to do raising the capital now, it will drive future growth..
Unfortunately, my words, we have the keystone cops running the show.

hyperopia

09/14/18 11:08 AM

#11390 RE: coldasice #11388

Okay, I agree that volume may suggest otherwise, but no, it wouldn’t surprise me that some fund managers are taking some profits before the end of the quarter. I recall something similar occurring about this time last year.

I also think that the ATM offering was actually a wise and prudent move by management. How did they mess it up? Are you saying that you think this price decline is a delayed reaction to the offering announcement? And further, because the CEO is a dull speaker who refuses to provide forecasts during the conference calls, the stock is down 25%? (another delayed reaction?)

I’m not so sure that adequately explains it either. Could it be that the price just got ahead of itself due to all the institutional buying? (And maybe Shelton stating that he anticipates 5-7 clients applying for approval this year?)

And BTW - BLFS (with their superior management team) is well off its high.