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Replies to post #249326 on Biotech Values

Replies to #249326 on Biotech Values
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DewDiligence

10/12/23 3:40 PM

#249327 RE: alertmeipp #249326

I think management should at least issue a PR to address the recent collapse of share price.

The only reason management would issue a PR is if there were some actual news to account for today’s selloff, e.g. an adverse litigation outcome. Otherwise, it’s best for management to remain silent.
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jbog

10/12/23 5:38 PM

#249333 RE: alertmeipp #249326

I think management should at least issue a PR to address the recent collapse of share price.



Let's keep in mind this isn't soley a Revance problem. The whole sector is getting wiped out, almost to the degree that happened back in 2008.

These companies have become drunk on Wall Streets easy money and they've clearly lost the art of running a business. Sooner or later they'll have to go back to the well and that's when the fireworks will start.