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Exelixis, Inc. Message Board

  • jonesdexter61 jonesdexter61 Nov 17, 2013 7:44 PM Flag

    We should see some nice deterioration this week-- dilution by 11/30-- mark it down beast

    eom

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • From latest financials, it looks that their burn rate is now about $67 miliion per quarter. Last cash on hand was $182 million. Comet1 just finished enrollment. FDA wants overall survival data before approval for hormone resistant prostate cancer. Approval if it comes will not be this year. Need for more cash may be this year.

      Dilution is a possibility.

      • 2 Replies to dimplesorourke
      • You are a LIAR and short bag holder. They will not need to raise capital for at least another year. This is a direct quote from from CFO at last earnings call.

        "Let me wrap up by commenting on our cash position. We ended the quarter with $465 million in cash and investments. Our guidance for year end cash also remains unchanged with an expected year end cash balance of approximately $400 million."

        Sentiment: Strong Buy

      • $$$$
        Dimples, the quote below is from the EXEL Q3 PR. If you have another source, please produce it.
        Otherwise, keep your hands down Jonesy's pants and off your keyboard.
        "Cash and cash equivalents, short- and long-term investments and short- and long-term restricted cash and investments totaled $464.7 million at SeptemberĀ 30, 2013, compared to $634.0 million at December 31, 2012."
        GLTA

    • $$$$
      Glad to c you are still hear...
      If I here of any jobs requiring zero ability...zero peeple skills...zero communication skills...
      ... zero talent...and a host of zeros all of which add up to you...
      I'll be shore to lett u no...
      in the meen ways check out "Uselessbuttmonkeysdotcom"...
      The pay ain't great...but you'll get some time outside yore cubicle.
      GL, you hapless, insufferable butt-clown

 
EXEL
1.97-0.07(-3.43%)Jan 29 4:00 PMEST

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