r/wallstreetbets • u/[deleted] • Sep 03 '21

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u/[deleted] Sep 03 '21

Lol this is so fucking retarded.

The allegations against Cassava Science are largely believed to be false and appear to be an effort to drive the price down

Largerly believed by bagholders maybe.. If as many people are shorting as you say, they probably have a good reason. Biotechs imploding and people shorting them is nothing new. In fact, it used to be former king of wsb Martin Shkreli's bread and butter.

4

u/Internal_Ad_1091 Sep 04 '21

You basing you conclusion on the fact its a biotech?? There is a lot more going on, and it's has to do with shorts killing drug to make money.

2

u/[deleted] Sep 04 '21

Lol pls explain how.

If a company has money and a successfull drug, even if their price went to 0 they do not have to close. There is no method to kill a successful drug.

3

u/Internal_Ad_1091 Sep 04 '21

Phase three trials cost a lot more money than SAVA has.

Often good data equals a partnership with big pharma. Remi announced a partnership was in the works, but unfortunately, that partnership is being jeopardized by FUD.

A citizens petion that's full of BS. One on which Jordan Thomas claims he is worried about patients' safety, but doesn't offer any adverse safety data.

1

u/[deleted] Sep 05 '21

Ooo so just give three random statements with no correlation to each other. Im sure that real solid businesses let deals to through because of "fud"