They will lose some serious money this quarter and if you look back one year, they had a one time event of $5.4M. No one time event this time, so YOY is going to look worse. Plus they are spending more than $4M per quarter, then jus a year ago.
Do you see the low $5's by Friday or Monday. I think you got a week to get your affairs in order.
Shock and awe. Warned you pumpettees. But they think they can just ignore the numbers. I'd be careful when you see $13 targets, they usually are to convince you to hold and the pump to get out with a clean $1.50 a share. I may have under estimate the total thief here. I thought they would get only $300M, but now it's beginning to look like you maybe able to tack on another $150M.
It seems the pumpettees are speechless today. Losing money twice is 10 times dumber than the first time. Remember how I warned you how they pick your pocket and you would even know that they stole $300M. Biotech's have some of the dumbest investors. They get so focus on getting rich, that they will watch it all vanish. Well I warned you about these numskulls.