RE:RE:Captured losses 12/3 at 2.35, beat the crowdThe issue is lack of demand thus low volume and too small for institutional investors so the company needs to address the real problem which is how to convince the market specifically the retail segment re the promising future prospects this company can offer as an investment in the medium to long term. This is the part they haven't managed to do so far.
The execution has been too slow, the communication not transparent enough and pass track record mixed IMO as a result no meaningful interest in the stock.
They can fix it but they have to make proper efforts for instance since the announcement of general NASH now more than three months later have they filed the protocol? They think submission is not material event well in the absence of any other progress any event for this company is material also as mentioned before the program has validity issues and one can interpret not announcing the submission as those issues are more complicated than what we originally guessed.
Point is again they can't force folks to buy the stocks they need to convince them by making right strategical decisions and that is not illegal so nobody end up being accused of criminal activities.
Bucknelly21 wrote: I will say I respect rusty I believe he is a great fund manager and very smart, I would disagree with the cap size being a big problem for volume, I was going through a lot of small cap bio stocks that do over a million shares in volume a day with a smaller cap that Thtx. I don't believe that is the issue.