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Their stock went up 158% on Friday due to this press release. Seems overly optimistic and speculative; this is a small company and investors have been burned by
by evanelias 6y ago
Their stock went up 158% on Friday due to this press release. Seems overly optimistic and speculative; this is a small company and investors have been burned by them before, e.g. https://www.reddit.com/r/RobinHood/comments/89tnhb/biotech_investments_gone_wrong_a_sorrento/ https://www.reddit.com/r/RobinHood/comments/89tnhb/biotech_i...
- pepy 6y agoperfect time to issue more stock and dilute shareholders at a higher valuation... before the dump