Get a hint: I do not give a crap what you say. I am long and quite comfortable with it. Seems others think it is a buy here also today. do what you feel is right. I already did.
And carol, I point out the reasonably large number of people who have posted almost that exact statement before you... "I have spoken with management"..... and then a few months later, after events had unfolded, came back and posted how it turned out management had lied to them.
I know this is a rather large message board, but if you go back and read enough you will find instances of exactly what I described.
Management said in November in the 10Q that they were not contemplating any significant financing prior to the FDA response. One month later - To The Day - they released the 8K announcing the financing deal with Lazard.
Now, when exactly was this deal with Lazard negotiated?? DSCO has used this tactic in the past... make a statement, wait one month (the SEC and the courts have ruled that 1 month is sufficient time for circumstances and events to have changed the conditions under which the original statement was made). Isn't it amazing that DSCO has a habit of changing it's mind at that exact moment in time??? Earlier, and they could be questioned... but from that point on they have legal cover.
"I have spoken with managemet"
Sorry Carol, that don't hold any water.
I suggest you follow the old maxim... "Watch what they do, not what they say."
Carol, "Having spoken to management" smacks of amateurish one-upmanship. It probably mean that some PR guy fed you the company line of BS. Your statement doesn't have the authority of someone who has shared secrets between the sheets.
Having spoken to management and followed this company for years I am confident that they have met the bar and answered all the questions for the FDA including the BAT issue.I know nothing is definite, but I am confident they will get their long awaited approval this time. No chicken bones, just reading the tea leaves that we all see from time to time with the news flow.