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Celsion Corp. Message Board

  • biterightnow biterightnow May 31, 2013 11:16 AM Flag

    institutions STOPPED BUYING WHEN THAT feb 2013 FAILURE NEWS CAME OUT

    then HEDGE FUNDS STARTED RE EVALUATING HOW THEY GOT TAKEN... now they are managing this run up on no NEWS...
    you about to get bit...

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    • 0:04AM Celsion announces $9.83 mln registered direct offering (CLSN) 1.85 +0.09 : Co entered into definitive purchase agreements with these investors pursuant to which it agreed to sell an aggregate of 6,264,492 shares of its common stock at a per share price of $1.57. The closing of the offering is expected to take place on or about June 4, 2013, subject to the satisfaction of customary closing conditions. The estimated net proceeds to the Company from the offering are expected to be ~$9.1 million. With the net proceeds from this offering, the Company projects to have an unaudited cash and investment balance of approximately $5

 
CLSN
3.12-0.08(-2.50%)Aug 20 4:00 PMEDT

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