I don't have an inside track but know enough from publically available information what this company is doing and our life science analytics professionals we retained to look at PRED) have closely looked into women's health therapeutics and genetics. Really all one needs to do is look and consider the Board of Directors, the management team (growing with seasoned life science executives) and the expanding clinical net across the U.S., it's rather clear where the company is going both domestically and internationally.
The Shorts are another matter and are a conspiracy of hedge funds, brokers (in Israel and Wall Street) among others. They have gotten away with stealing shareholders wealth by fraudulent market manipulation and annually profit by billions and billions. However, days of reckoning will arrive by way of civil and criminal indictments.
The hedge funds are also owners in the Depository Trust Company where there are multiple loop-holes to perpetuate the naked shorting and carry-out attacks on companies like PRED. Hindenburg, Seeking Alpha, and others are their tools to target and manipulate a company's stock. It's a conspiracy as defined by the RICO statutes in California and many other states. PRED was a perfect target and their greed was too great to resist making hundreds of millions. However, pigs do get slaughtered and their trades and naked shorts have been tracked and are known over the last three months.
These funds and brokers (Fraudsters) are a direct threat to the American free enterprise system, destroyer a company's capital and therefore innovation, are a threat to national security, and America's international competitiveness. They will hire every lobbyist and buy every politician in the country to keep from being regulated or become accountable. What they can not buy is all the United States State Attorney Generals.
Thomas.............I have to agree with Snakess...........you state in your reply: However, pigs do get slaughtered and their trades and naked shorts have been tracked and are known over the last three months. How do you know they are being tracked? Maybe this is like left wing justice: one system for guys like Snake and myself and one set of rules for the rule breakers!
I for one still believe when the company never even addressed the allegations by saying something to the effect that "we vehemently deny the allegations made against us and will defend these allegations vehemently" was a mistake on their part and you can say all you want about this law firm but they have shown nothing to me and I practiced law.Their strategy is poor and I have seen no game plan laid out by anyone.
The only consistent thing I hear or see is the bird man telling us this is his favorite stock and the bird on his shoulder knocking his hat over his head 4 or 5 times before the idiot takes the cap off.
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