RE:Can someone please explain?
Snoopydoo01, before Nov 14th, it was clearly communicated from the company that FDA approval was in the bag.
So i was priced in. (You write it was exptected to jump 3-5 times but that was just talk without any validity ) Next attempt they manage FDA approval, but with reduced credibilty in the market place AND without any cash = larger PP and dilution. And during the period they have with Europen and Canadian approval sold 0 products.
From here there are many question marks. Price around current levels appear about correct.
Upside short term is a partner (very unlikely) or that US investors suddenly wake up (still unliklely but far from impossible)
Longer term - 1-2 years - this might be a dougle or triple from here.
If against all odds it would suddenly awake and run up close to 20 cents almost all investors would sell/reduce. There is a significant opportunity cost staying invested in VPT as upcoming financing will most likely keep the stock down for months/quarters