Well if the BOD had of handled this in a more prudent way it could be suggested that the run up was somewhat validated. Again, repeat, somewhat.
I agree, the ramping was rampant, and I don't have too much sympathy for those that boarded the hype train without doing their own research, after all the market is a mechanism for transferring wealth from those that don't do their own due diligence to those that do.
Today we saw an over reaction, with weak hands shaken from the tree. Hopefully it has been a lesson for some to do their own research and stick to their convictions. That's what I did, so no loss realised on my behalf.
Expecting a massive turnaround from this point, and glad you managed to call this correctly and pick up some super cheap shares today.
Well done IMO.
Ann: BTX 1503 Acne Phase 2 Study Results Presentation, page-390
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