RE:RE:RE:RE:RE:RE:COB sells off a million sharesThe run-ups are likely orchestrated to allow certain investors to exit and/or continue to play the short game. LABS has been stuck in this trading band for a long while which is totally consistent on it's financials implosion.
It is not getting any love for the groundwork that was done in the years leading up to this and naturally that is taken as an indication that the team can't translate all that partnership fluff into something meaningful.
The solace I take is that a super entity like Stada would not have crawled into bed with a company, that most of the market believes, is useless and incapable of execution. Dr. Nick in Peru might be given a pass in not researching LABS, but Stada?? Nah, I think they would have done their DD.
Things will ramp up....it's just whether they will ramp up in time. The longer appointing a CEO takes, the more I think a takeout is coming for pennies....just IMO.
cyberman wrote: of course we'll be the last to know what's really going on but why else the run up recently at close to 48 cents and then 44 cents the other day, seems like word was getting out, my guess is a new CEO announcement, is Bruce Linton still available LOL, seriously, get a BIG name in there already !
until then they are plugging away and seems to have a long term approach, the fact that they ain't bailing out in droves is a good sign, i'll hold.
best of luck.