neshua10 is some kind of side line articulator of words less then average in content yet rich in image if you're wearing the right lenses. commentator un-extraordinary, wouldn't even give you the honor of speculating that you might be short. I'd say pitiful sideliner at best...good luck with your intelligence and thoughtful wisdom it bodes you well....
They've got about 70 million in cash and are burning through about 35 a year ... probably more if they expand the trials. So, yes, they need a partner, but not desperately. They're in an excellent negotiating position here,I think.
77 mil cash, 12 mil debt!! With the current status, they can raise plenty of cash. They probably would raise sone once the stock gets to $25 or more. They don't need cash immediately andthey are wise enough to know to raise cash when they don't need - and not wait for the cash to run out before they raise fresh money.
I am sure that companies like AMGEN and Pfizer would more than be happy to bank roll them for a portion of the company (and its profits)!
If you are shorting his, please get out before you lose your whole investment.
This stock is going to $10 before the end of this week,