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CeasePlz618

08/06/20 2:47 PM

#2048 RE: catty #2045

Really it has been trading at what $2 for the last how many years and then it spikes to $60 in one day. If it looks like a duck and acts like a duck? It acts like a penny stock. So I don’t consider very reliable just because it trades on the NYSE doesn’t mean it is an awesome stock. Look at some of the Nasdaq stock they run wild just like penny stocks.

sirglenn

08/06/20 2:56 PM

#2049 RE: catty #2045

Well especially now that the new shares have been absorbed. The only way this adds shares to its structure is presumably to get another $765 million. Yes, there were clearly some irregularities around the price jump initially, but even if they found anything - it would be years down the road and they would end up paying a fine. Big deal. Meanwhile - they are gaining pharmaceutical market space by the second.