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OncoSec Medical Incorporated Message Board

poormanstudent 3 posts  |  Last Activity: Aug 28, 2013 5:18 PM Member since: Mar 14, 2013
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  • Reply to

    What happened to the fda response?

    by biotrader911 Aug 28, 2013 4:06 PM
    poormanstudent poormanstudent Aug 28, 2013 5:18 PM Flag

    Expect a PR tomorrow about it. Response could have came late in the day and not enough time to get a release out.

  • poormanstudent by poormanstudent May 29, 2013 5:02 PM Flag

    Any thoughts on todays price action? PPS seemed to really struggle today, but so did most of market. Any thoughts on when/if a run-up towards July 18th will start?

    Sentiment: Buy

  • Reply to

    Stock offering

    by hamidybehi Mar 14, 2013 12:42 PM
    poormanstudent poormanstudent Mar 14, 2013 2:08 PM Flag

    I just got off the phone with Kristina in Investor Relations. These are some questions/answers I posed to her.

    Q: If the stock is trading at $2.25 per share as of yesterday, why offer such a large amount of stock for $2.00 a share today. Doesn't that seem to curb the growth potential of stock in the present?
    A: Yes it does, but the offering is not necessarily based on the price of stock today. It is priced at $2.00 per share because we believe that to achieve the level of growth the company is experiencing, we need to raise this capital to be profitable this year. This is to achieve long-term growth and not short-term.

    Q: Why should shareholders be excited about this offering, as most of our stock has lost nearly 15% today?
    A: Due to growth and products being released in the coming year, especially in the wifi area, we need to raise this capital to fulfill our projected buys that will come later in the year for these products. After Q1, we should begin to see increased profitability.

    Q: Since the stock is trading at $1.95 per share currently, why would anyone want to pay $2.00 per share in this proposed offering? What happens if the offering is not bought?
    A: Anadigics has been on the road for the past 3 days with investors, and we have soft commitments on the $2.00 per share price.

    Q: If the stock drops to $1.50, will you have those commitments still in place?
    A: I can't say. I understand that it is dilutive and doesn't make many investors happy, but this is for long-term earnings that will then hopefully make their way into the stock market pps.

    Sentiment: Hold

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