Tue, Sep 2, 2014, 11:37 AM EDT - U.S. Markets close in 4 hrs 23 mins

Recent

% | $
Quotes you view appear here for quick access.

NANOGEN INC Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • cal_sunshine2002 cal_sunshine2002 Jan 14, 2004 9:31 PM Flag

    Big mistake to short before............

    Who knows, Both Yahoo and Intel tanked, no earning can justify the hype, big sink is coming, the index may go all the way to 2000.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Wait until the shocker earnings report from this company. My estimate is that they'll be out another 7M this quarter with 1.5M in earnings. At this rate they will be broke in the next year or two.

      Also don't forget all of the warrants and options outstanding from the PP.

      http://biz.yahoo.com/e/030922/ngen8-k.html

      <five-year warrants to purchase an aggregate 424,243 shares of Common Stock at an exercise price of $4.75 per share (the "Five Year Warrants"), one-year warrants to purchase 530,305 shares of Common Stock at an exercise price of $4.75 per share (the "One Year Warrants"), and six-month warrants to purchase 1,103,032 shares of Common Stock at an exercise price of $4.14 per share>

      Nanogen also granted the Investors a right to participate in subsequent private offerings of its equity or equity equivalent securities undertaken by Nanogen for the purpose of raising capital (each, a "Subsequent Placement"). The Investors' right of participation is limited to 35% in the aggregate of the total gross proceeds raised by Nanogen in each Subsequent Placement.

      For the average investor. Sad, sad, sad. :(

 
NGEN
0.00020.0000(0.00%)May 6 11:10 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.