I thought it was 50MM from Q2 to Q4, so 25MM/Q burn? maybe $75MM at hand now or less but with trial pushed back they will need money and soon for sure. they would be crazy not to do a raise here
no they only had 100 mill last count and their burn rate is high. plus these two new BIG trials are unforeseen and very expensive expenses that they didn't account for. plus at least another quarter delay means everything gets pushed back which costs money.
just the action of the last few days and the pump from the analyst tells me an offering is coming for sure
some big blocks of selling going through. this company is light years away from having anything on the market. utter garbage pump and dump. bag getting heavy yet?
this is exactly how these stocks are manipulated when an offering his coming. they trying to price it as strongly as possible but dilution is coming. then when more delays come watch out
you wait until the PR hits about a delay in enrolling these trials, this is going to get a 30% haircut in a day because market doesnt trust this management. GWPH far better
correct, this is up on nothing. the delay of the trial and addition of new larger ones is being glossed over. stock is being manipulated so you can tell an offering is coming to cover this new unforeseen expense
FDA hates this company for the criticism it received over the pain killer episode. no way are they going to approve this drug. thats why they told them we need tow LARGE trials not one small one. where are they even going to get the patients to enroll?
meanwhile GWPH will cross the finishing line first. this will be below 10 before eoy PRINT IT
chatter is one particularly large hedge fund has now closed its short position in the last few days and is going long.
they are going to get penalized and scrutinized every step of the way. this will be a very difficult and long journey to filing. small PT population. this is garbage. pump and dump
two new LARGE trials? big delay, its not going to be easy to even find potential patients you ever thought about that? FDA asking for such big trials says they not trusting this company. they got a lot of heat form the painkiller they want to make sure this b*tch jumps through every hoop
it was a small position for e you are right, i shorted 8000 shares. you have no idea who you are talking to lmao
something tells me you can't read. not having much sense is a bag holder trait. you fit the bill
i just shorted it today at 18.16. this is going to 12s again you clown, bag will get very heavy there for u