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binchey

11/04/13 4:28 PM

#10720 RE: carlodb1978 #10719

Volume is in higher end, that part is a little worrying, especially in the eve of some kind of positive news promised by Pascoe.

Depending on the news ahead, APRI can be trading as low as 1.5 or as high as 3.5 on December 31st.

Downside risk is pretty limited based on the "current price" anyway.

We just need to be patient till the end of Q4.

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jsbeach23

11/04/13 4:29 PM

#10721 RE: carlodb1978 #10719

Carlo, agree with Binchey. Like I said in an earlier post...

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Last week's SEC filing of Topotarget 540K shares may seem to have driven down pps from $2.00 to current $1.90. Also maybe the shorties are having a field day without much news or visible activity from apri... no imminent near term risk to their short plays. Another factor as many have alluded here, could be one of the partners (working with a broker) trying to show apri pps weakness as a bargaining and negotiating tactic for a heavily-biased/favorable partnership deal for themselves. Many factors at play here...
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New 52-week low today at $1.81... its outrageous that management isn't more aggressively working to improve shareholder value... there's a lot more they can and should be doing.