RE:RE:(News Release)MrMugsy wrote: Let me help Duster ...
1. I highly doubt that anyone is trying to control this stock price ... don't think anyone ever tried to do that. Would love to meet them.
2. No information - true.
3. The insider buying was timed quickly ... so likely as a message to investors. They never buy in reoccurring events and it would be surprising to see it again this month.
4. Good news - that's what the poster is all about.
5. Uncertainty - sure ! If you don't have think skin by now, you won't have it.
6. No need to touch it with any kind of pole - here's how investors are touching it and it isn't new ... they usually drive it up as they pick away and at some price, someone else offloads at market - making an exit for the doors, hitting new lows. Drive it up for a bit and then someone offloads as they head for the doors. Same old - same old.
Do you think you will ever again use that pole of yours to make a purchase ?
: )
of course management was trying to control the s.p. with there buying it eased share holder panic and the further sell-off of shares that was the message to investors. it buys them more time to raise cash, not hard to put 2+2 together but who will finance them, how can they convince anyone with an unproven drug when potential financers look closely they will see the drug has already failed on an earlier attempt. i just do not see anyone stepping up it's a big risk with no guarantee of success. next week will be huge, P2 was to begin the last week of march if not earlier. if there is no news next week ATE will sell-off.
glta