Ampio Pharmaceuticals (AMPE) Weaker After Negative Blog Post

August 28, 2012 2:02 PM EDT
Shares of recent momentum movers Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) are seeing some pressure mid-day following a negative blog at SeekingAlpha entitiled: "Ampio Pharmaceuticals' Pipeline Doesn't Look Good".

The blog states that a recent article touting the stock, "has many fallacies in it such as talking up Ampio's pipeline and implying that a pre-IND meeting is a big deal."

Shares of Ampio were down 3.5 percent at last check.


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