Folks, this is a good time to control your emotions
No one likes to be blindsided, but often we are in life. Don't make any irrational moves. Think it out and choose your best options. NBS is still well positioned; but evidently needed more cash (especially with the stagnant share price); so let's hope they use the money well.
They have done things right in building a manufacturing facility so they are in every phase of the industry. Keeps their costs down on their research and products increasing profits and building value. How true, no one likes to be blindsided and it hurts when it happens. Remember how much money it takes to get the drugs through approval and then into the market. NBS is positioned to keeps the costs to a minimum.
I have been in NBS for a while now. I have no reason to believe Robin wouldn't use the money well! Does it suck to be blindsided? kinda, but in the past she has done great things with the money! I'm buying the dips and holding on for the long haul!
If I read the preliminary update on the quarter correctly the burn is about 9 mil..but I expect some good news this quarter and likely increasing revenue..this cash raise should get them thru the year..mho..glta..no pain no gain..if you believe you buy on these dips.
Folks first of all- do we all wish we had sold yesterday? Yes. But what is more important is to answer yourselves to the next question: Would you buy back today? If the answer is yes, then nothing changes. This is small biotechnology company- they all dilute shares, just take a look at recent say Inovio or Velti offering. Does it hurt investors? Of course, but it also provides a good opportunity for savvy investors to react accordingly. I do not expect the price to be under 0.5 for long. In fact I think we will close around 0.54 today.