The only hope I have that Seth realizes now this is an inept management and forces a fire sale. Recovery is impossible.
What's missing on your list is what the company eventually may kill.
After three months with the drug off the market they can relaunch the drug. That's a really tough task for a company which couldn't do it right the first time. Now, this time they have to launch it against the believe they can't really produce it reliably. They better look for a suitor sooner rather than later. Price doesn't matter anymore. Just hope you get a little premium.
I think we talked about this. How can tax rate for long or short capital gains impact SK's decision to sell? Did he already convert his entire loan after the annual meeting?
Your pt of $2 is way too aggressive. That would have been possible with top line data in Q1 as originally promised. Now everybody knows the company cannot flawless execute. The post result era will be a mirrow image what we have been through the last 18 months. We can be happy if it reaches $1 after data for a short period of time. So I will be extremely happy to double my money but this is even doubtful if there is a 5th, 6th etc amendment. Sorry but $2 is delusional. Also there will be a heavy dilution again after data release. My guess is 50 to 100 million shares. That threat already prevents a strong price appreciation.
As we also know there is no business development activity where we could hope for a cash rich partner. This baby will go down the drain over the next few years. Management is completely inexperienced just hot to get the paycheck.
Obviously he doesn't believe in the science and wants to have a lot of cash in the bank to pay the outrageous exec salaries as long as possible. That's typical for a scam like mstx. Even if the results are stellar idiot Culley and his moronic associates need many years to deliver an acceptable NDA. So many more years of mounting losses.
Run by Culley?
It's getting tight with his newly changed timeline. Can the sucker deliver or just let the deadline go? What are the implications of data report late Sunday evening July 31st? Or he just pays the loan on August 1st. We will see how the story develops in just one week.
True. I had a very strong conviction but no money to invest big time. Good thing is that keryx and acadia had also very nice appreciation over the last few month. In fact my portfolio is now larger than it was 12-31-2015.