no doubt pbi looks a big sick today, but show me one recent announcement that indicates this company is not on track!
obviously this weakness is shaking a few out after the recent placement ... but really its been on volume of less than 400,000 in the past two weeks. Some appear to be selling their free options to defray cost of placement at .31; perhaps some selling ordinaries and holding options ... doesn't really matter -- the company has their cash in the bank (enough for two years of normal operation) and a pipeline of products in development and under commercial negotiation. A deal will come. When and how much remains the question.
But yes, thanks for pointing out our paper losses drunk.
PBI Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held