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Discovery Laboratories Inc. Message Board

  • brilliantstorm brilliantstorm Mar 18, 2012 3:25 PM Flag

    DSCO- Should resume Uptrend-Sun. 3/18-

    Shares of DSCO- Discovery labs should resume they're uptrend which was interrupted for mainly technical and funding reasons....$57 Million-secondary, $8 Million dollar likely Green-shoe-over-allotment option-subscribed...and the conversion of a further $15 Million of $2.85...may be dillution/adjusted ??? warrants...coming due now...totals to DSCO's Treasury will approximate $80,000,000.

    I look for shares to slowly cross through $3.00-$3.25 levels...and mark time in the mid-$3's...for the company consolidates it's ever brighter prospects.

    Comments are most welcome...

    Long: DSCO

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    • it seems that you are assuming that all shares diluted have hit the market already........ i just don't see how this could be possible..... i say it is IMPOSSIBLE for price to go up until we know that all shares issued have hit open market and probably until we see some filings that disclose exact amount of shares and price of offering POST execution

      how could all this transpire by tomorrow?

    • I totally agree. I will dollar cost average on this one, which will be easy since I only bougth a small amount in the high threes. If I get it to around 3.00 I will be happy. Then I will put it on the shelf,, This is going to be like a fine wine put it away and let it age...Everybody is runnig like Rome is burning.LOL.... They all want the quick buck... GL to all...

      • 1 Reply to robert.worth
      • Great Idea!

        I also intend to buy a few more tomorrow near opening...and too shall put away like a fine wine to let her age a bit!

        Also it's a very good feeling knowing my investment is going towards helping a Company that's really making a contribution to the advancement of medical science and is leading the way in one of it's subset industries and bringing healing as well....

3.500.00(0.00%)Apr 18 3:59 PMEDT