To me the stock has been trading like a secondary is in the works. IMHO... The stock ran up on some upgrades and those COULD be the potential underwriters... Unless there is a buy out the company will need to raise money to fund a large sales force...mfg....marketing/advertising.....etc. Maybe not tomorrow, but down the road pretty soon... I went through a going it alone FDA approved drug company and it ended up in disaster, so a buyout would be far better IMHO for shareholders.... Sold in the high 16's from buys in the 7's,
and will likely re-enter the stock once the issue of funding is alot clearer to me.... Love the antibiotic though!GLTALs!
Always is under Democrats.....Kennedy... Johnson....Clinton....Obama....etc. Tend to spend more than the Repubs... Reagan was the exception....
My best guess only is that the insiders who filed to sell recently...Skyline Venture Partners...or even possibly the TTPH insider MacDonald, who filed to sell some shares on June 26th, sold their shares today after coming back from the holiday break. IMHO...
Good for you. Maybe you came close to getting the bottom. Looks like volume on the sell side is slowing down a bit...
This is a major gap down IMHO. Sellers just keep hitting whatever the bids are. Volume is fairly significant.
Not normal IMHO. You're not buying one day at $14 and a week later selling in the mid 11's unless someone has or suspects some type of bad news is coming. IMHO of course, but man... ugly.
What gives today? Alot of antibiotic stocks and biotechs in general are down, but nothing close to 15%.
Been some insider selling of late. Kinda ugly right now... Hope there is nothing fundamental re the step down oral formulation trials....Holding and not selling....
We live in the greatest country on Earth. If you have your health there is not much else except for your family, which is even more important. All the hatred bantered back and forth on this Board needs to be put in perspective. Thank God for all you have and think of those tomorrow who live under oppression, hunger,
are sick, and in need, and face death literally every day of their lives. We are indeed blessed.......
Total crapshoot on RNAI technology and the results of their first clinical trial in surgical scarring.
It that is successful we should have a winner. If it is not the stock price could be cut in half.
I own it higher than it is today and have not sold a share.
My sincerest apologies to all here.... They did raise it yesterday to $26!! I was dead wrong.
Drod.... Now here is a unique situation....MDWD up, and SODA down...May add to my SODA position around 33.50 if it gets there....Let's hope not huh?
I already bought some SODA back in February at $41.50 based on your advice....
Do you still think I should buy somemore now at $35.62? Why do you still like it so much?
May all be good but from $ 5.08 close yesterday, to a 100 million dollar offering at $4 within 24 hours, is pretty darn mind boggling. That's down more than 20% within 24 hrs and tough to put a positive spin on it without any comment from the company. Just bought large yesterday at $4.72 after doing my DD and coming away with the notion they had over 130 million in the bank, no debt, and really didn't need to raise any funds in the relative near future. Hopefully the company will explain shortly the need for this large raise and the timing and substantial discount. Right now simply surmising that it is for some big announcement that is coming is at best, wishful thinking. I'd frankly prefer to hear it from the company...and soon.
Been a while and just dropping by to say "hi" to my friends here. Been a good market of late. Lots of stocks hitting new highs...Well...with the exception of Siga, which just hit a new low this morning. Drod is right you know. You pumpers have lost all objectivity. One of the worst performing stocks in the last five years, no doubt about it, but your heads remain buried in the sand. Keep shouting down logic and reason, but how has that helped your stock, or your bank accounts? The longs here are the best example of why Social Security should never allow participants to make stock investments. The average Joe is simply ignorant when it comes to investing...Some are worse than others for sure, but I think they're all here except for a few longs who have just been "stuck" with this POS for years on end.
Siga nut job keeps following me around the Boards posting thumbs down. Kind of gotten use to him. Like that crazy girl who lives upstairs to Charlie in "Two and a Half Men" and keeps starring into his windows stalking him. Crazy people who need help all over this world. I just hope he/she is not a danger to himself, or to others.
In any event...Have a nice weekend all and remember...I'm out of here for good if the new Parson's verdict goes Siga's way and the stock rallies to $3.50 or above. You pumpers must leave for good when they lose
We made a deal.
Hi Folks... Just bought this name fairly large yesterday in the low $4.70's and thought I was a genius today at the close...LOL...
Everything I read said they had around 130 mil in cash on hand and were in good shape cash wise.
Didn't even give a secondary and dilution a thought frankly...
So for you veterans of this name, what's your best guess as to what is going on here?
Obviously not happy with the size of the offering at these prices, as I'm sure most of you aren't either...