RE:What the hell...Selloff before long expected product licenceEveryone who is dreaming of this stock mooning isn't really considering how many shares are waiting to be dumped on the market. Just wait until the 30 MILLION shares that Pure Therapy guys/gals own are issued free and clear.
Who knows how low they are willing to dump the price down to when they have the chance to start liquidating. And if the price starts to rise, I'm sure they'll be more than happy to sell at 50 cents, 75 cents, $1. Who has $30,000,000 and a desire to pay $1/share for this company? Answer: no one (probably).There are too many shareholders that want to (and obviously are) dumping the first chance they get. The upside for this stock is capped for the forseeable future.