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XOMA Corporation Message Board

  • tom.lei tom.lei Oct 25, 2012 8:18 AM Flag

    positive side of the offerring

    I don't like the delutionj. It is more of the CFO and then BOD call. And the CFO is one of the ENGLE's team, which needs to be let go next, as he shared too much of the failed value.

    The only postive of this offering is that the offering price is much higher than the previous one, and this has never happened in XOMA history. Doing your own DD, and comment.


    Sentiment: Strong Buy

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    • There is nothing positive about this dilution. Management recently communicated they had cash flow well into 2014 and now this?

      Varian's credibility is now on the line, and he needs to respond.

      Sentiment: Strong Buy

      • 2 Replies to watcherpast
      • Seems like shorts got to cover yesterday. No short squeeze this year. Which side are they helping? As always NOT their own shareholders!!! Engle did it many times, and Varian learned from the master. They want us to vanish. They don't answer to the pesky retails. We're being squashed with dilution. The positive side for one long - Bet BB made some bank on this scheme (we'll never know how much they shorted), and they're still wayyyy above water on their reportable long position, unlike most other longs.

        Sentiment: Hold

      • watcher; you are beginning to sound like me
        Have a good day I hope it hits 4 by the end of the year for you
        just opinion

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