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kjpcrna

08/08/19 3:20 PM

#17019 RE: biotech48 #17008

I think it’s extremely naive to place the blame for a 14% beat down on IHUB and yahoo message board shareholders/posters. 447,000+ shares changed hands; that’s not Joe Retail. I also have a hard time believing short interest of ~9% had a lot to do with it. There’s 3 potential catalysts we’re sure of, new direct sales effort, HD, and REFRESH 2. Mgmt is/has screwed the pooch on 2 of them- HD rollout and REFRESH 2 pitiful pace of enrollment. Funds/institutions aren’t interested in parking their capital here for 1-2 years waiting for the payoff. They want concrete results now. Yesterday’s SP plunge was pretty convincing.