RE:RE:Annual meeting Irrational market behaviour?? I believe the irrational market behaviour has been all over this company for a long time, as mentioned earlier the SP had no problem to react negatively when there are negative news and now even to positive news.
Who is responsible to take care of it if not the company?
50% increase from a multi year depressed level after getting the go a head for NASH phase 3 and staring phase 1 oncology in timely fashion, growing sales encouraging preclinical data doesn't represent a fair valuation at all imo.
Any other biotech company would be screaming loud and clear these great results so the market start hearing it, again today's news only stays relevant tomorrow and beyond when it is repeatedly communicated.
qwerty22 wrote:
The stock is up 50% in two months. The eposters are mostly strong affirmation of stuff we already knew, they've had a really good preclinical program but it's just preclinical. There are limitations to this type of data. It strikes me people are EXPECTING irrational market behaviour and then blaming the company when it doesn't arrive.
Bucknelly21 wrote: I am prepared to vote... we have 922 followers on st, about 12 regular posters here, poor marketing, and a massive failure to capitalize on all the accomplishments. This in the second largest bull market in history. What good does it do if no one sees anything you are achieving and your not shouting out about it everyday to the market. Bottom line in my opinion is while the board has always taken care of itself come proxy time but being able to take care of shareholders long and short they continue to fail on making adequate changes in the way they market the opportunity. You can say ir or whatever you'd like but the board is responsible for making sure that those changes are made. Just like wino said he hoped wouldn't happen is happening every time there is significant news. The tree fell again and no one heard it.