Just a suggestionAnd this is a post that should cover all angles from an investment point of view.If you own many PLI shares,sell only half on Monday and keep the other half.That way you're covered both ways.Should strategic options result in shareholder value loss ,only half your shares are affected..the flip side is if nothing happens you still own half and can claim what you sold as a tax loss for income tax.
investing is always a risky business so one has to be prepared to defend what $ you have.
It's been said here that the volume is low..I agree % ,but then again,the volume wasn't all that high throughout the ride up to $3..just look at the older charts. ..And then again all the way back down.I think definitely that PLI stock was heavily manipulated ...but that doesnt mean much now.
The FDA ruined everything...that delay cost this company valuable time,and in that time cash burn couldn't be replaced fast enough..Again check the charts..you'll see the longest decline started with the FDA fiasco.Partnerships would only come after approval and I've expressed my thought on that many times.All the blame on management is unfair IMHO..what big pharma would invest in a gamble?...none is the obvious answer.
I think there's big hope in PLI,and although I've sold my shares,I see nothing but a golden opportunity in the future.This company will do very well after restructuring.Its just too valuable to let disappear. That will not happen.