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Omeros Corporation (OMER) Message Board

  • rrtzrealmd rrtzrealmd Mar 19, 2013 1:13 AM Flag

    Earnings report???...

    ...when coming from a biotech, isn't that an oxymoron?...HAW!!!...

    ...regardless, nothing really unexpected...

    ...number of shares increased by 3.5 million...

    ...expenses increased by 2 million bucks to $13 million a quarter...

    ...their "litigation recovery" is in parenrtheses which I interpret as meaning they're still fighting with the insurance company over who's going to pay the 4 million dollar whistleblower settlement...

    ...then there's that 20 million dollars in debt that OMER is currently paying 9.5% on...

    ...uh-oh!...cash was down to 22 million by the end of 2012...burning 13 million a quarter means they're now down to around only 9 million...

    ...tapped out on debt, I guess it's a good thing they can still sell 60 MILLION DOLLARS worth of stock at ANY PRICE and at ANY TIME that they want WITHOUT notifying shareholders, huh?...

    ...wouldn't want management to have start worrying about their slaries, benefits, bonuse, and perks --right?...HAW, HAW, HAW!!!!...

    Sentiment: Sell

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OMER
13.98-0.07(-0.50%)Jul 25 4:00 PMEDT

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