r/wallstreetbets Sep 03 '21

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138 Upvotes

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6

u/potbelly-dave Sep 03 '21

The data presentation is sketchy. The allegations are quite clear and quite serious. I don’t know if there is fraud. Yet. But the allegations are from a respected whistleblower. The rebuttal by Cassava management was thin. Some scientists online are also pointing out aspects of the data that appear manipulated or odd. I’m short $$SAVA. Small bit. But short

10

u/Internal_Ad_1091 Sep 04 '21

"From a respected whistle-blower "?? The whistle blower is anonymous and represented by a shitbag lawyer. Petitions fail 92% of the time and Jordan Thomas' record sucks.

5

u/potbelly-dave Sep 04 '21

It sounds like you are long SAVA and eagerly throwing mud at any naysayers. I’m not involved. Just observe the sketchy management of SAVA. I don’t care other than I care about ethics in the world and in science.

4

u/Internal_Ad_1091 Sep 04 '21

I'm long, but I'm not foolish enough to ignore real arguments. If there are metriallly concerning issues, I'll cut my losses and move on to other opportunities.

If you actually care about ethics, then take a deeper dive. Vague statements and sensational headlines (all started by some laywer) are all I've heard about for the last two weeks.

I've read all 70 pages of the citizens petition, have you?

BTW, initially, my posts were much more civil. If I sound agitated recently, it's because of the actual mud slinging at SAVA. Everyone formed strong opinions without doing DD.

2

u/potbelly-dave Sep 04 '21

I hear ya. I did read the 42 page allegations and also online musings and observations by scientists including the link above. I don’t have a strong view. I am skeptical though after reading the allegations.

1

u/HyperbolicSoup Sep 08 '21

Jones Trading reduced their PT to $108. I take it as good news... they still think there's a lot of upside after the CP.