Not a company worth holding long term.
Hesitating to bring this up, because it could be meaningless, but just got an alert about DARE giving a presentation next week at an industry conference. In case anyone still held on to some of their shares this might be something to take note of. (full disclosure, I kept some shares because there were rumors about 2 additional announcements upcoming and thought there might be more fun ahead)
The press release is
here, and I'll highlight a couple of sentences that seem interesting to me:
1) Ms. Johnson’s presentation will be available... under “Presentations, Events & Webcasts" in the Investors section of the company's website... beginning
at 7:00 a.m. Eastern Time on January 10, 2022.
2) Daré may announce material information about its finances, product candidates, clinical trials and other matters using the Investors section of its website (
http://ir.darebioscience.com), SEC filings, press releases,
public conference calls and webcasts.
Based on this I'm expecting at least one of the previously promised announcements to be a topic in the presentation (specifically, partnership/merger). By releasing the presentation pre-recorded at 7am, they will avoid the need to place a trading hold on the stock (which was a big blunder on their part). Definitely plan to watch or read the presentation that morning because if there is no announcement I 100% expect the market to take that
very badly.
Does anyone have thoughts/reactions to this?