CBZ 0.00% 5.2¢ cbio limited

re: ann: shareholder update , page-7

  1. 6 Posts.
    re: ann: shareholder update Would be nice if the new directors could at the very least push Novo for an exact date confirmation of when they received the trial report so investors could have a more definite idea of the date an answer on the option agreement is likely. Given that an ex-Novo employee remains on the board and the Vice-President just left that shouldn't be too much to ask. I understand that the "60-days" isn't set in stone, but some information on when the "60-day" period started would at least give us a better idea of when it will finish - even if it hasn't started yet!

    Just a thought on this morning's sell-off (which if correct is probably related to the lack of information mentioned above) ...

    "The mutual fund window, or "window dressing" a mutual fund, refers to the practice of adjusting the fund's portfolio in a specific time period, usually in the last few days before the end of a fiscal quarter and the fiscal year. Mutual fund managers sell stocks that did not perform well and purchase stocks that did so that their fund appears to contain more winners than losers. Often, the fund manager buys stocks that increased in value and sells stocks that lost after the stocks made their move, but the end of the quarter portfolio contains a list of winning stocks that looks good to their investors."
 
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