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RE:RE:RE:RE:RE:RE:RE:RE:Stop Beating Yourself Up and BUY

[StocksFTB]

You guys are really wearing rose colored glasses!! You think this move is because someone is selling a few million shares? People sell shares all the time and stocks don’t fall 50%.  If this were a great opportunity greedy investors would be buying hand over fist.  There are no buyers because the market is telling you this management team needs to be fired and the board needs to be turfed.  Shareholders should be rioting outside their corporate offices demanding something be done

 From Dr cash -  “The 3.6 million shares being sold into this mkt. started at $2.00 and continued all the way down”  Incorrect!!! The selling started as everyone started puking out stock after the investor day.

Have you opened up a stock chart, have you looked at the news?  The company told everyone to expect FDA by year end and then struck out with no good explanation.

On Jan 25^th the company had an investor day and basically torpedoed everyone who owned the stock saying that Getinge group loved the product but wouldn’t purchase any units until they worked through the inventory they hadn’t sold, despite rumble talking about traction every quarter.

The stock had a high of 2.51 that day and closed at the low of 1.80, the next day the stock had a low of 1.56, it consolidated for a little over a week and is continuing to move lower.  The stock was 2.84 on Jan 10^th?  What has happened since then?  Go back and listen to the investor day.  This has nothing to do with a few shares for sale, it has everything to do with an incompetent management team and board.