AF is a hack not an analyst . not that most analysts are not also hacks.
were you a Long such as I when AF wash trashing CLDX back in the early days. was he a schmuck then? answer yes and he still is one.
wait for the great CUE BALL ( Cramer) himself to chime in soon and pump, its coming.
keep waiving the flag
when you get it to $30 I will be sitting at $36
so ponti, what do they do with the PIII once early approval happens, scrap it. how do you get a comparator arm when they all opt out?
you can spin it all you want but those are the facts. to argue otherwise you are telling me that the pps is below $24 post early approval and CEO was brilliant to go now. tooo funnnyyy
will not see a dime in rindo sales before 2017, staffing up burning cash way too early.
do you pumpers think this is the last secondary you will see -- wishful thinking, year from now ceo will be in the exact same position, will have burned 130 million in cash with approval 12 in front of him.
I take solace that its only 8 mm shares and the next one will also only be 8 mm. after that cldx is sold.
they are always fully and over subscribed. big deal. you all choose to ignore the question why now if fda approval is 6 mths out?
"if it must happen now" that my friend is the 64000 question. with early approval just around the corner and plenty of cash why now? why why why
I do not have a contrarian play as you put it. I read AM for what he is. $24 tells me he has no confidence in early approval. he is no friend of retail longs. has proven it many times. he is not the ceo you want to run this company once it has sales. but he will not get hat chance. it gets taken out long before that.
so you expect a price sub $25, interesting. fda designation and all, and its not much higher then the last one ( perhaps lower) . so tell me what does that tell you about the CEOs acumen? tells me he is not the guy to run cldx when it actually starts selling its products and will need to be concerned about shareholder value.
it closes sub $25 and the underwriters let it. so you expect a secondary above that price.
by not pricing the offering right out the gate
its south of $25 and south of 24.
only to buy at $24 if not lower.
CEO is a schmuck. PRICE THE OFFER and PRICE IT HIGH right out the gate.
it suggests south of $24.50 which was the last offering. so what value has CEO created since the last offering . the market says zilch. in fact he lost value, designation not withstanding.