"With $86.7m on balance sheet as of June 30 $AVNR will b "opportunistic" in evaluating market conditions with respect to our next financing"
you will see the offering come sooner rather than later, they are having a hard time propping this thing up so I'm sure it will come quickly before it drops. thats the only reason it had that eod run today, they are trying to cause a squeeze so they can run it up and price the offering as high as possible. its not a low floater and shorts are sure of the facts now after the hype and momo has died down so they need to hurry with the offering.
Sentiment: Strong Sell
great great article, hit the nail right on the head. this was only kept up today, as it will be tmrw, because of the impending offering. they are looking to secure their mid term survival with a major offering as high as possible and i bet Jeffries or one of those idiot analysts who raised PT have hand in the offering. but this guy has articulated it perfectly
u can bet ur bottom dollar they dumped a major portion of that yesterday, wait til the next filing comes out u will c
Within a few days, soon as they get the paperwork done. this has been kept up all day to ensure they can offer at around 11. and you can bet your bottom dollar book runners will include Jeffries lmao
Sentiment: Strong Sell
thats actually a very bullish sign. shares are always issued this way when they are CHEAP, beneficiaries will sell them MUCH higher, because insiders know theres a wealth of positive news coming
what kind of dumb comment is that? obviously smart money was dumping on noobs like you. and you are proud of that?
Orexigen is committed to pay the first $60 million in post-approval expenses (ouch) and then a 50-50 split with Takeda. Takeda aint no dumb cookie, the $100m they gave Orex will just pay the lions share of the CV trial that Orex CEO said will cost 150-200 mill.
Orexigen will have to do a raise by the end of the year if not sooner or they risk going broke very quickly. sucks
by a blind analyst who has no business leading blind retail into a biotech stock that has no real near term upside and will only trend down near term.
yes with actual photos. these Trinity guys have resources and major contacts that gave them access to a huge amount of stuff VNET has tried to hide
A way better and far-reaching report than anything Muddy Waters has done. Photos, documents, numbers, PROOF and EVIDENCE left right and center. Very little speculation. You think a group of guys went to all this trouble for 6 months just to fabricate a report this detailed?
Its going to be ugly for VNET
or shorts covering kept it up, or they kicked in the $100 million share buy back that they mysteriously increased very recently. Suppose they do that and then when they have to settle up on monday abracadabra they disappeared with whats left? a very plausible scenario
that was a sell, and a settlement of a block trade that went through earlier in the day. do your DD
shorting this pig, the upfront money will go to Roche's coffers pretty quickly. way overvalued today. once market realizes whats up it will tank
this story just gets worse
wake up and smell the coffee. it was a motion filed in court. news was known by market when it happened, only retail never heard about it til the Spanish language site reported it, hence the stupid panic AH. its nothing to be concerned about tho