Aug. 1 at 6:11 AM
$ALT
Mgmt played into MMs and Shorts hands. Every move ALT made has been a disaster so like Jets owner their’s real incompetence and stupidity involved. But same story in too many biotechs is sign of a fundamental, systematic, mkt problem.
Quasi regulatory bodies are stacked in favor of MMs and shorts. I literally just read biography of NASDAQ‘s Board. Not one with a FN modicum of experience in biotech, building a CO, raising money an entrepreneur etc. A bunch of big Co FN LAPDOGS , MMs and shorts are manipulate like biotechs, small stocks etc.
PRE- REVENUE Cos shouldn’t be subject to same NASDAQ RULES as APPLE, MICROSOFT, TESLA, ETC. ITS SO FN ABSURD!!!! They need separate division , exchange and rules with more protection against criminal market manipulation , FN
$1 delisting rule etc .
We gotta do something