if they didn't know that something is cooking, Celsion must have shared some info with them to make this transaction happen
Sentiment: Strong Buy
do ANY OF YOU THINK MORE THEN 2 SECONDS... going forward these institutions were actually holding warrants NOT shares.. GO BACK AND LOOK... THOSE WARRANTS AND THE impending reverse split may put them in a worse position holding the option then cashing out at 1.57. What fund manager is gonna take that in this market.. Aint nothing cooking this fluff is nothing but S A pumping and dumping.. the investors that hold outstanding common stock purchase warrants previously issued by Celsion agree to waive their rights to purchase an aggregate of 6,264,492 shares of common stock of Celsion that would otherwise be purchasable upon conversion of such warrants until Celsion has obtained its stockholders' approval of increasing the number of its authorized shares of common stock to 75,000,000 in conjunction with a proposed reverse stock split of its outstanding shares of common stock.
What jacob said below this post.
CLSN will spike up on news, yes, but the bread and butter rise on CLSN will be simply bringing the potential to investors, and more importantly, showing them that TDox is absolutely, without a question, working (the "shameless spin job", as our clueless friendly numbers guy Adam F calls it; or "science" and "data", as all scientists call it).
I agree with your inference of their private offering, but I don't agree with your statement per-say.. "Celsion must have shared some info with them to make this transaction happen" - I doubt that Celsion shared concrete information with them, but there is a possibility that Celsion gave the private investors a notion as to whether or not the PERCENTAGE OF CHANCE that Thermodox WILL BE APPROVED BY THE FDA has INCREASED. In other words, Celsion probably told them that Thermodox is more prepared and developed than it previously was. *NOT that Thermodox is a prime, unbeatable solution to these tumors, and will most definitely be approved.
Celsion did share info with they and all of us. The latest result findings from the heat trail.China and Asia could approve this treatment and a new trial in the U.S is very likely.Not only CLSN other trials now have more relevance.Then you have a potencial new take over coming from CLSN.News or a strong possibility of a Asian approval for thermadox would send clsn shares at least in the 4.00s. At this moment clsn shares are poised to explode higher.