Bad for shorts? It tells me there is a group that is throwing a significant amount of money at this drug wanting it to succeed. I see this a good news for longs and bad for shorts. Also some seem to think this is and always will be 5% and if I’m not mistaken we are still a few months out from the shareholder meeting. Lastly, that 5% could have made the difference last year on the controversial comp package..
Troubles are piling up for the current CYDY management team. The class action lawsuit, a possible SEC investigation, financial woes, no approvals, ETC. - and now this revolt by apparently powerful shareholders. Paul A. Rosenbaum looks to be a very sharp guy. NP, SK, and the current handpicked BOD have more than met their match, imo.
Similar to politics. Uncertainty about management increases risk.
I will argue that removing the entire Board of Directors and Nader is past due. Our risk is that our new board is more incompetent than our current board. I find that close to impossible. The current board is a band of yes men. Followers of Nader because they believe Nader made them wealthy.
Many might recall my stance on Nader and his outrageous stock awards of last year. My vote changed nothing. No enough shareholders know enough to recognize Naders qualities and faults. Yes he has both.
That is false. We the shareholders that either held and did not sell our current shares and those that bought shares post March of last year made the worthless cowards on the Board wealthy.
Worthless boards in the Portland, Oregon area is not new. I have been in two other local companies with suit wearing cowards.
News 
Market Data 
Discover 
AI
