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Biotech / Medical : Provectus Pharmaceuticals Inc.
PVCT 0.0600+16.5%3:10 PM EST

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To: boomertree2 who wrote (11444)7/17/2012 12:12:13 AM
From: LT2011   of 13111
 
You have to feel for Dr. Wachter as he continues to see his last 2 years of stock options erode in value while the other members still have their money in the bank. Let's not forget the change in job title, then he stepped down from the board and proceeded to lose 50,000 stock options 2 months later. I can only imagine the tension in that building.

On the other hand it was a great day for the shorts if they covered a portion of their position. Last report has the shorts at 596,673 which is the highest in a very, very long time.

Shorts go up, price comes down. I've seen this movie once too often.
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