chicenstix is another fool that lives in the past... who will continue to spew the same nonsense until that day successful th-302 data slaps him in the face.
swing, how are you enjoying all those insider shares that's been flooding the market since the lock out expired? you haven't been posting any predictions lately. was this b/c you feinted from holding your breath waiting for all those insider to sell? are you still holding your breath?
what historical gene transfer for heart failure are you referring to? since you seem to know so much, why don't you tell us the name of this drug and how it failed? come one swing, don't just blow hot air out of you backside?
but than again, that's what you're have been doing from day one. just hot air.
Here's some math to make you feel better about the atm. the data is expected in mid sept not sept - oct. this gives about 30 trading days until interim results are released. assuming they can sell the stocks at 4 dollars, that would be 7.5 million shares. so, they would have to sell 250k shares a day to be able to do this. there's just not enough liquidity to support this kind of volume without tanking the stock. so, the reality of trying to sell 30 million worth of stock in this small window will result in much more than 7.5 million shares being sold by thld. needless to say, we'll all know if they try to sellout before interim release.
you are assuming they will sell 30MM worth of shares before interim results are out. if they were going to do that, they wouldn't have waited until now to do it. waiting so close to the read out to setup the atm could only mean that they are positioning themselves to take advantage of potentially good results.
thld has a cash burn rate btw 40-50 million / year and this is with merck footing 70% of th-302 development. without merck, thld would be burning through 100 million / year easily.
the cupid 2 trial started in july 2012. with your admission rates, the target 186 events would not even come close to being reached by april 2015.
little timmy is upset. did i touch on a sensitive issue when i called you a virgin? are you a real life 40 year old virgin? would not surprise me at all that you have no personal life since all you're posts have shown you to be a person void of personality or character.
if cupid 2 was successful but the benefit is much less than what was shown in cupid 1, than i would think your odds are about right, maybe a little less. however, if cupid 2 duplicates cupid 1 results, i would say fda approval without a phase III would be a slam dunk.
i'll take a crack at what i think happened and what it means. the company probably couldn't get the price they wanted for the secondary and the board decided against dilution and felt comfortable with the odds of cupid 2 being a success to go with debt instead. this round of financing probably covers the cost of the additional unplanned trials so there won't be another round of financing until cupid 2 results are released.
mclim, little timmy talks a big show but in reality, he's a biotech virgin. when positive data is released he'll be the first to shoot his load and walk away with a 50% gain. the rest of us will still be enjoy the foreplay as we ride this stock to 20? 30? 40? 50? dollars... I will not be unloading any shares under 20 on successful interim.
mos for treatment will be 19 months and control will be 11 months. that's been my guess from day one and nothing has happened to make me change my mind.
your ignore feature sucks. did it never occur to you that when you put someone on ignore, more times than not, you don't ever want to see anything from them EVER again? So, the default implementation should not have been to GREY out their posts (with show post) but to REMOVE them completely like the poster never existed. No wonder you're losing market shares to google... your programmers are idiots.
bigsmartta, the only thing dumber than you is your #$%$; so if you want to win, try debating that.
i have bigsmartsta on ignore. but occasionally, i'll see a post from him with an interesting subject so out of better judgement, i do a show post to see what it's about. but as soon as i do, i'm overtaken by regret b/c he did it to me again; i got lured in by message title that has nothing to do with it's content. the content is the usual useless nonsense bigsmartsta has posted from day one. when will i ever learn?
big, you're confused. the result was NEVER expected to be in 2016. the original expectation back when the first patient was enrolled in 2012 was for results to be available the first half of 2015. the only change was the number of patients enrolled which increased from 200 to 250. however, being able to increase the number enrolled while still maintaining the initial eta is a good sign and indicates strong demand.
was this the huge amount of shares expected by shorts on lock up expiration. any shorts out there still waiting for insiders to sell so they can cover cheap? word of advice, cover asap b/c the mm are not your friends. when the wells run dry of shares to buy, the mm will start driving up the price to squeeze every single penny from desperate buyers. you've been warned.
so, you still holding your breath waiting for all those insider shares to flood the market? look on the bright side, your track record is still intact; you're still wrong ALL the time. you should be proud, not just anyone can be this wrong, you would have to be one of the biggest idiots on earth to achieve such a feat. So, do try to enjoy this achievement; but then again, i'm sure you'll have plenty of these moments in the future.
if they only counted the first WHF or MI in the presence of terminal events, the trial would still be on going long after april 2015. every WHF and MI are counted once the terminal event has been reached.