I really do not know what to say. My initial response is just to laugh. Why you feel compelled to make such a claim as to your background is beyond my basic understanding of psychology.
On these boards one can make up anything they want. Your post speaks louder than any claims. If you really have such a background, then you know your post on how the analysts calculated the projected revenues is bs.
I am sorry, but anyone listening to this CC and prior ones would know that when the CFO discussed revenues for a quarter and gave the analysts guidance as to how much of the fee was going to be recognized as revenue in a given quarter, the analysts were going to use that information in their models. You can look at the details some of the analysts gave as to their expectations to see this. It is there in black and white. Beyond that, I do not know what to say, other than I wasted enough time on your silliness. Claim whatever you want. I am just a trader and your posts are really irrelevant to my life. I only responded to point out your nonsensical claims.
It is not that I think it is so, it is that I know it is so. It is time for you to listen to RLYP's guidance for the upcoming quarters and give up this nonsensical argument. You should take a basic accounting or financial analysis course. It would help.
PS I also agree that many of the posters responding to you were equally clueless as to how quarterly results are reported and estimates made.
Frankly, you really do not know what you are talking about and should stop the silly name calling, etc.. The revenue estimate of 6.9 million per the Street includes the licensing revenue. Everyone knows that they were going to recognize a significant chunk of the licensing fee this quarter as they will next quarter. Listen to the CC. Then again, you might just want to argue and post bs, who knows?
Since as of right now, I am flat RLYP (having traded it during the day and CC), I thought I would give my somewhat unbiased opinion. I did not hear anything that really moves the needle either way. I think the April script numbers will be important, but the CC left me feeling that the launch is proceeding and like all such launches, slower than bulls and analysts projected. Too early to tell about long term success or failure.
No questions really on funding (except one late one, not answered) and/or merger talks.
I think tomorrow will depend on how analysts slant the CC. If no changes in analyst's positions, I would think tomorrow will have an slight up bias, due to the recent selling, but nothing major. However, analysts can't help themselves from commentating and slanting events..............
PS In other words, I think bulls/bears will both be disappointed, but the end of May is in sight...........LOL
I still think that the prudent idea is to be flat going into the CC. I do not see how one can project what happens until you see the script numbers, cash flow projections, etc. Of course, after the dust settles, the ones on the right side will be patting themselves on the back for their acumen, but it will only be luck.
Forget the PR, look at the 8K, they label it a "facility". Let us hope this is clarified during the CC...................I agree that the PR is confusing........
The loan is described as a 6 year term loan "facility". To me the key word is facility. I would not have used that word if this was just a straight term loan, which had already been drawn upon.
Given that I do not see any reason to draw down funds at this time, maybe I am reading too much into it. We shall see.
I see a number of posters are making calculations of cash remaining and projecting future cash flows. I think all of these calculations are assuming two things we do not really know:
1. We all expect that RLYP will update its cash position as of the CC and give us updated projected cash flows, so it is hard to project from the data we have; and
2. We do not know when RLYP will borrow the funds under the 150 million agreement. It is a credit facility and until we are told otherwise, why assume that they have already drawn down the funds?
Maybe they have, but what business reason would they have to have already done so? Why not wait until the funds are needed, if they are ever needed? A buyout eliminates the need to ever draw down the funds. Having the funds available is all RLYP needed. I will wait to hear if they did draw the funds and why.
That is similar to my thinking. We shall see later.
PS IBB & general market are never totally irrelevant.......
The debt deal was done on April 27th, so why did they announce yesterday, rather than just wait to announce it today when the quarterly numbers are released? Maybe news was starting to leak or they thought it was leaking and wanted to make sure of compliance with Reg FD? Maybe they are worried about cash burn to be announced today and wanted to put that to rest? Maybe I am being silly to even speculate on this?
I do think it will be interesting to see where RLYP trades today during the regular session and later after the quarterly numbers are released. Earnings are irrelevant, but cash burn and prescription numbers will move the pps. The IBB and general market are also weak today and that is not a great backdrop.
Impressive, you picked the one area of the deal that is reasonable and made an idiotic claim. I have to assume that you do not even know the definition of dilution...........