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Trius Therapeutics, Inc. (TSRX) Message Board

  • rick449 rick449 May 29, 2013 2:47 PM Flag

    Latest 8K

    Don't know if you guys read it or not. But their is an employee equity incentive plan of 5.1 Million shares. This really shouldn't hurt the share price at all. But it's an 11% dilution overall.

    Here is how I look at this. You edit the Equity Incentive plan to get new shares to entice a good player to come to the organization. Why else would you need additional shares for the employees?

    I think they are probably looking at hiring someone to prepare Trius for selling the company or the technology.

    Read the 8K in detail. There is some interesting language on M&A. I could be reading into it a little deep but this is my 0.02 cents.

    I got stopped out yesterday at my buy price. Added back today at the previous low from May 23rd.

    Sentiment: Strong Buy

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