VERISANTE TECHNOLOGY Message Board

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Biotech / Medical : VERISANTE TECHNOLOGY

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To: The Jackal who wrote (95)	4/30/2012 1:53:40 AM
From: Threshold	Read Replies (1) of 254

No that was not my implication. I've only got a small and yes old position in this one. They are getting all the right headlines, but the stock is languishing badly. I'm going to dig a little deeper and see if they are in touch with their major shareholders and know what those people intend to do with their stock. Maybe they need to get a bit more aggressive on the stock side of things, arrange some cross trades to pass shares from those who want out of a chunk to those who want into a chunk in a few trades rather than let it get picked off slowly at ever lower prices. Maybe they need to get out and pound some broker, hedge fund etc pavement down in the US where stocks like this get much higher valuations. They are going to need more money in future, so letting the share price languish forever is not really an option I'd like to see them consider. I don't see an NR's on when they are going into production and at what volumes. Imo, there's a lot more they could be doing that certainly is not visible to the investing public. Perhaps they are doing it on the QT, but that's not stock side savvy.

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