You know there will be some people who just panic and sell on this Greece #$%$, and if so it might be a good time to add once the dust settles.
Read the Prospectus they are just selling shares which are not in the float. Not issuing more. This is good in the long run.
Thinking Baker Bros takes most of this secondary. Non dilutive and adds much needed cash to the balance sheet for further development. Still have time but really disappointed in today's price action
You can bank on that.
Bag holders? Really? If a double is a bag holder let me know where more of these type investments are. Bag Holders? LOL!!!!
Did you say anything factual here? I'm checking but don't see anything. Facts are kind of important in this game instead of hoping.
Yeah kind of like Facebook. Up over 250% since their lock up. You keep it real now ok?
Stupid post. Only 1.4 Million shares will be available on March 23. The rest were in the secondary. Sometimes if you read the SEC filings it helps. There are only 29 Millions shares outstanding. The rest become available in June.
Who in their right mind will buy shares at $51 when they can buy $4.00 cheaper?
It's going to take a long time before this company can restore any credibility with Wall Street. Best thing to do is to sellout to competent management team who can get this drug to market. That is if the FDA will approve it. Still a very risky investment. I'd buy it if it gets down to the teens.
One other thing is, you don't see all those posts from people telling you how long they have been in this stock either.
Yesterday everyone was talking about how high the buyout was going to be. Today, we have Dewey, Cheatem, & Howe filing class action lawsuits. Markets can be treacherous.