RE:RE:RE:RE:Oncy is a Cult Pt. 2
Hmm, let's see, a stock down 70% in the last year, yes that does sound familiar especially if you look at the onc ticker as that is where we also stand right now. And down 30 % in just the last week alone.
So how is that a good thing. We can defend the science all we want but can we defend the company and the BOD and people running it is the question.
As Azzak has said they are doing a lousy job so hopefully the science end will pull us through.
I am sure we will hear something now within the next couple of weeks or sooner and hopefully it will be more than just the announcement of the 4th quarter and year end financials and this should be addressed or someone should answer for it..
The possible good out of all of this is that if they are in a blackout period and something is on the table of which no one knows for sure then they cannot talk about it until something is done one way or another.
I will say it is frustrating that with being down 70% in the last 8 months that all of managment together has made a lot of money and received a lot of options with no downside risk at all so they do not share the same sentiment as shareholders. They could all walk away tomorrow millionaires and not have to answer to anyone.
So let's hope that the blackout period is for all the right reasons and that the time for shareholders can finally start looking like a biotech company that actually has 2 phase 3 ready trials as they say.