He's just here to do the pumper buster shuffle.
For the ones in denial this may help.
God grant me the serenity to accept that MXTX aka ANXiety will tank below .25 cents
Courage to understand that I made a mistake
And wisdom to take a loss before it tanks more .
Say it 5 x's and you'll be ok ..
Sentiment: Strong Sell
RISKS RELATED TO OUR BUSINESS
Risks Related to Our Capital Requirements, Finances and Operations
We have incurred losses since our inception, we expect our operating expenses to continue to exceed our revenue for the foreseeable future, and we may never generate revenue sufficient to achieve profitability.
We are a development-stage company and have not generated sustainable revenue from operations or been profitable since inception, and we may never achieve profitability. We have devoted our resources to acquiring and developing proprietary product candidates, but such product candidates cannot be marketed until the regulatory process is completed and governmental approvals have been obtained. We have accumulated net losses totaling approximately $192.8 million as of March 31, 2013, and we expect to continue to incur substantial operating losses for the next several years as we advance MST-188, our lead product candidate, through clinical studies and other development activities and seek approval from the FDA to commercialize it. Accordingly, there is no current source of revenue from operations, much less profits, to sustain our present activities. Further, no revenue from operations will likely be available until, and unless, we enter into an arrangement that provides for licensing revenue or other partnering-related funding or MST-188 or another product candidate is approved by the FDA or another regulatory agency, and successfully marketed, outcomes which we may not achieve.
The success of our business currently is dependent on the success of MST-188 and this product candidate may not receive regulatory approval or be successfully commercialized.
We currently have no products for sale and we are focusing our resources almost exclusively on the development of MST-188. Accordingly, the success of our business currently depends on our ability, or that of a future partner, to successfully develop.Without that dilution of the company may .....
Sentiment: Strong Sell
Google Finance....Institutional Ownership Info
Shares Outstanding 102.71 Mil
Institutional Ownership (%) 47.79
Top 10 Institutions (%) 41.81
Mutual Fund Ownership (%) 6.50
5%/Insider Ownership (%) 25.88
Float (%) 99
DESCRIPTION # OF HOLDERS SHARES
Total Positions 27 49,267,826
New Positions 20 41,504,321
Soldout Positions 4 565,778
Net Position Change 7 3,076,045
Buyers 5 3,558,585
Sellers 2 -482,540
INSTITUTION NAME SHS HELD SHS CHG %CHG $CHG* %OUT %PORT RPT DATE
Franklin Advisers, Inc. 10,987,000 10,987,000 NA 4,716,000 10.7 0 06-30-13
Sabby Management LLC 7,711,867 7,711,867 NA 3,310,000 7.51 0.22 06-30-13
Great Point Partners LLC 5,800,000 5,800,000 NA 2,490,000 5.65 1.97 06-30-13
Deerfield Management Co 3,948,302 3,948,302 NA 1,695,000 3.84 0.08 06-30-13
Alyeska Investment Grp, LP 3,800,000 3,800,000 NA 1,631,000 3.7 0.08 06-30-13
Millennium Mgmt LLC 3,000,000 3,000,000 NA 1,288,000 2.92 0 06-30-13
Pine River Capital Mgmt, LP 2,578,486 1,953,486 312.56 837,916 2.51 0.02 06-30-13
Ancora Advisors LLC 1,848,045 973,045 111.21 417,536 1.8 0.14 06-30-13
Vanguard Group, Inc. 1,700,681 613,118 56.38 263,175 1.66 0 06-30-13
Deutsche Bank AG 1,564,707 1,564,707 NA 671,000 1.52 0 06-30-13
Columbia Mgmt Invt LLC 1,200,000 1,200,000 NA 515,000 1.17 0 06-30-13
Fidelity Mgmt and Research 1,048,304 1,048,304 NA 450,000 1.02 0 06-30-13
GRT Capital Partners LLC 894,401 -482,427 -35.04 -207,124 0.87 0.08 06-30-13
UBS O'Connor, LLC 794,900 794,900 NA 341,000 0.77 0.01 06-30-13
Sentiment: Strong Buy