dice

mc 144

mc 1.35

 

the dump: sesn the class action

 the answers are blowing through the southern district of new york.

Defendants failed to disclose to investors: (1) that Sesen Bio’s clinical trial for Vicineum had more than 2,000 violations of trial protocol, including 215 classified as “major”; (2) that three of Sesen Bio’s clinical investigators were found guilty of “serious noncompliance,” including “back-dating data”; (3) that Sesen Bio had submitted the tainted data in connection with the BLA for Vicineum; (4) that Sesen Bio’s clinical trials showed that Vicineum leaked out into the body, leading to side effects including liver failure and liver toxicity, and increasing the risks for fatal, drug-induced liver injury; (5) that, as a result of the foregoing, the Company’s BLA for Vicineum was not likely to be approved; (6) that, as a result of the foregoing, there was a reasonable likelihood that Sesen Bio would be required to conduct additional trials to support the efficacy and safety of Vicineum; and (7) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

peeking

mc 217

mc 106

 

the dump: beke

 

mc 21 billion. the river continues to flow out of the middle kingdom

russian steel and science minnows

mc 844

mc 104

mc 111

mc 211

 

the dump: h

mc 7 billion. insiders selling anything not nailed down. $150 million out the door starting at 85. market is a 70 bid. goodwill mounting. writeoffs running ahead of revenue much less cash flow or stabilized earnings

 

the dump: baba

mc 436 on a slippery slope. inverted third wave into a behavioral black hole

 

the dump: lyft

 

mc 16. insiders out at 65. 45 bid. 65x the e forward

the dump: bzun

 

sailing into downgrades and equity-linked denouement

the dump: sabre

insiders out the door at 14. 9 bid

 

the dump: hyre

a segment devoted to insider selling within thirty days of publicly priced calamity. criteria: insider selling of some note, promises of castles in the air whether by management, media, or underwriter conferences, followed by the aplomb of gravity

market cap 186 mm. insiders sold over $5 million in the window at 17. market is a whisper of an 8 bid

chips and chargers

mc 1.9

mc 187

mc 245

 

little boats that could

mc 57

mc 193

mc 184

mc 108

 

molecules

mc 106

mc 2

mc 489

mc 2

mc 846

 

chips and dips

mc 6.59

mc 3.39

mc 1.96

 

known unknowns

 trading at 15x sales and that is after the earnings miss and lower guidance. but not before a director sold $1 million at about 120 two days before the earnings announcement in a market now 84 bid.

sliders

mc 13 government bids won under protest that will take a while

mc 20 everything lower, rev, earnings, margins

mc 4 ceo arrested for building castles in the air. 24% of the float is short and could be right

on a down day

mc 320

mc 1.27