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biosectinvestor

07/14/21 11:39 AM

#389261 RE: OilPatch #389258

Because no one recommends going after journalists or even bloggers in these instances. You can’t prove something arguing on social media. You just amplify nonsense. A court case would take years and probably would be thoroughly unsatisfying, and very, very expensive. Who will pay for that? Do you want an extra billion shares to pay for that? They need to concentrate on getting approved. They can sue him later if they want to, but then it will be irrelevant. I know of no company that has gotten much satisfaction from that kind of effort. A little noise, but it rarely helps for more than 5 minutes.
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VikingInvest

07/14/21 11:40 AM

#389262 RE: OilPatch #389258

They are likely tied up in other things right now and have decided not to allocate resources towards this. If they have a case, they have ample time to deal with that at a later time.
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Sub Atomic master

07/14/21 12:08 PM

#389270 RE: OilPatch #389258

he would have so much backing from the shortsellers hes in with he would bankrupt an already nearly bankrupt company. No way you could fight him.