Bottom Line - DSCO Needs Operating Cash
DSCO identified the needs for 2013 operating cash in last report. Only way to get that is to dilute shares or mortgage away future profits. I see the current run up in price due to the 27 Nov 12 conference where DSCO will present their drug and pipeline. They will peddle the hype of growth. I foresee that the stock may rise another 2 days until the new fish realize the underlying problem. Then it will be a slow bleed until they nail down the cash. Like Dutch and Pinski, I will evaluate the deal on the drop.