"Can you name even one documented case where something like this happened to a biotech company? I emphasize the word documented because you have a tendency to see enemy action in what others regard as routine."
Sorry to disappoint you and burst your bubble about you always being so sure about "my tendency" to exaggerate and see ennemy action in my dreams, but one company that comes to mind is Imatron, which you can look up if you wish.
At the time (year 2000 I believe), Imatron had developped the fast CT scan based on e-beam scanning technology and they started using it to detect coronnary artery disease. The media, the talking heads, wall-street, and all the dummies started cruiticizing it as a stupid thing to do and the attacks were nmainly being led by GE at the time through their GE capital arm and CNBC. They clobbered the stock and kept it pinned below $2 for a long time making it impossible for Imatron to finance their expansion. Then, out of the blue, GE steps in and buys the whole company for $2 a share. Soon after, GE and all the talking heads start touting the fast CT scan procedure for coronnary artery disease and now it is the standard in the industry with GE and Siemens competing for the grand prize (they call it now the 64 slice CT scan)...
Voila, now you can go look up the details if you do not quite believe my story, but the point is that it has happened in the past and will probably happen again...
Market Data 
Markets 
AI
