Confortable to issue a 30 year bond. That's a long time.......
Everybody knew that money was going to be needed because Trials are very expensive, and the better and bigger the trial, the more expensive they are. I think the stock will take a hit, but should bounce back because people will eventually realize that this was a speed bump that has just been scraped away.
I think people will realize quickly that this is a non event. And the stock took a low volume temporary hit last night and this morning. IMO smart money will come right in at the open to buy shares on this dip.
The beauty of OPK is that it is meant to save money for the health care industry. Ironically, because it is meant to be non invasive, more people will opt for testing and thereby get to some of these cancers more quickly. This is one of the most fool proof bio techs I've ever seen because they do not add costs to health care, they reduce it. Truly a novel Company.