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pSivida Corp. Message Board

  • gswkool gswkool Sep 29, 2012 10:07 AM Flag

    down but not out..

    I'm down 40% since buying shares, - but still think there's a lot of potential here. Concern is with their cash position. Seen a lot of small companies end up on pink sheets or get bought out on the cheap before they can make it on their own.

    Any thoughts on how things will play out i.e. the timing of future events? What news will drive stock higher before they deplete their cash? I think they got a year or slightly less before they need to raise more money, which isn't horrible.

    I'm thinking of buying more shares - got plenty of winners in my portfolio - this is my worst performer and I only took a very small position initially...

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2.19-0.12(-5.19%)Oct 25 4:00 PMEDT