I hope you are correct.
And I hope INO has some really good news coming soon to offset this dilution of shareholders equity.
This unexpected stock offering has me disappointed.
I was previously very excited and resolved to by and hold INO for the long term.
Now I have a less confidence than before in INO but still long.
We are up 20% in 2 weeks Fri. Feb, 14. $2.75 thru Fri. Feb. 28. $3.29. I am very happy with the 20% and I know this is just the beginning. If you can't handle only making 10% a week, you should buy a different stock.
Sentiment: Strong Buy
Confidence is relative. I tend to agree that this capital raise means that INO won''t have to give away the house to any potential partners, that in the long run it will be highly advantageous for shareholder value, IMO. That said, they should be getting a higher price per share, IMO.
being well-capitalized allows us to negotiate more strongly with potential partners and advance our technology and product developments at a competitive and advantageous pace. It allows us to build and maintain leadership. As an interesting example, from 1995 - 2005 Gilead raised $1.6 billion in equity capital, with its related dilution. I doubt that any shareholders from that time who continued to hold Gilead are today unhappy with Gilead management's strategic decisions to raise and invest capital and the share price that resulted from those decisions. - Dr. Kim
Understand your concern with dilution. Check out ADMP. Just a little over 10 million shares outstanding, and loaded with a real powerhouse pipeline. Massive stock leverage via the extreme tight stock structure.