They can sell whenever they want, prior to, at, or after acceptance. If they sell now, months before the share price will fall where if they wait til after acceptance the price would be stable or higher, IMO and experience.
Agreed no one can predict the future. If insurance code was granted/awarded in the next quarter or two and insurance companies/medicare gave acceptance in 2016 , not an unrealistic timeline, how long before MELA see's real revenue to substantiate a $1billion market cap in your opinion? Having followed this company for years now I think it hard to be a stand alone/one device company in the medical field. The large ones will buy the growth, Great Point will sell at a great profit for money and shares in the acquiring company, IMO. I HAVE NO FAITH IN MANAGE,ENT that they will be an aquirer and grow to a multi faceted company. I have tens of thousands of reasons that I would love to be proven wrong............
would need to know their price point. They could be/ are in the $1+ ps range, the patent is worth IMO $50-100, as is, to a company like OPKO. They could 4x - 6x their money in 18-24 months. Would take many quarters / years to get revenues to support higher numbers, no?
Great Point 670k shares and 1.1million warrants. With a 2 million share float those warrants double the current float and the result is an 70% ps increase in a couple of days ? With no news or comment from management, glad to see nothing has changed @ MELA.
The only thing missing at the present time is revenue. If the company can produce revenues while it goes thru the ins. reimbursement maze it could get back to the secondary offering of $14 this year. This and next quarter will be interesting.
Got 1/2 of his 2.5 million in one chunk today. Have been trying to get blocks of 5k since 9:45 am @ .46 -.47 ps @ Merrill and still no sale @10:49am. ? time for a call. IMO still 6-18 months away from a double here, but looking better every day now. The last year has been one nice roller coaster.
Dr frost et al own/control to large an amount of shares. They are building a device and drug company at OPKO. Altho anything is possible , IMO, it just seems more logical they would engulf and devour as Mel Brooks put it so many years ago.
is no longer occupied by TEVA board time restraints will he start to expand OPKO by consolidating his other related holdings ? Will he bring TRXC into OPKO universe prior to FDA approval or after?
the company has been surprisingly quiet. Will they speak prior to reporting end of quarter? Still no word on new signings [ HEALTH SITE ], not very promising IMO. Seems like stock is stuck in trading range till news. Any opinions