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RXi Pharmaceuticals Corporation Message Board

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  • rmsacc rmsacc Jun 15, 2012 11:39 AM Flag

    I would expect some news next week

    what does the amount of the market cap have to do with having enough funding for the trials? As far as expecting any news re. the trials by bet it will be a few months at best..........

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    • I am more inclined to your observation.

      It is going to take some months to launch the RXi-109 clinical trial. It would take a few more months before RXi will have solid findings in its progress reports.

      To expect significant good news to drive RXi's share price up in the near future is unrealistic.

      Though, more information on how the company finance its operations and more information on the clinical trial of the anit-scarring project would reduce heavy speculation and more serious investors who are willing to support the company.

      If my other biotech investment turns out well next week, I plan to buy more RXi shares.

      The weather is excellent here. So, I am going to enjoy it. Have a nice weekend!

 
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