To me it feels like I am in prison with a big hunky cell mate that is about to get his way with me.
Don't vote yes...
Great job guys, all I saw was red today, where were these institutions that were supposed to buy your stock today?
Drop from 14.00 to 12.50 and a little recovery. Despite the reverse split which I was strongly against, the percentage of the company that we all hold no different than before the split. The company has 2 drugs and both are in advance stages and low risk. There is nothing to worry about.
Sentiment: Strong Buy
85 + 77 = 162 mill cash + 8 mill ptx stock+ 10 or so million from zohydro sale in escrow and 5 zohydro royalty from Purdue, not bad guys.
Expect strong indication on this point on his forthcoming article. Over 10 still canionesque
I saw that and I voted no across the board did not even look at the questions, just wanted to make sure I don't even accidentally say yes.
Just to eliminate any chance of a hanging chad, vote NO across the board on all items, this way you are absolutely positive that you did not even accidentally voted yes.
The institutions are lined up to buy the shares now that there is a reversed split, because they know it will be in the price range that they normally would consider buying a stock. My foot!!!
there are two scenarios for raising more money and none are good for the current shareholders: 1) they truly believe in the drug and they declare BK and fund the research privately 2) they are collecting a good salary, so testing a useless drug so they do a reverse split and go to the loan sharks who short the stock and cover upon dilution.