the meeting has no chance of approval since it wasn't an appeal. the only goodness will be fda saying ttnp does not need more human trials. anything less than that and the pps will tank overnight. im amused seeing all these threads get thumbs down, but any threads that praise ttnp without acknowledging the obvious risk get green all around.
you dont get it. braeburn got more in exchange for giving less than what they already agreed to as part of the reconstructered deal! sunil has a history of dealing away discounted shares to braeburn to a point where he might as well be working for the company.
braeburn's commitment is not a testament to the success of ttnp. the drug will be approved, this i have no doubt/ but it may take several years if more human trials are needed.
lol, if people are buying stock based on what is advertised, they are chumps. look at zalicus, heard the same stuff about the pain and blah blah my friend, daughter, brother is in chronic pain, zlcs is the answer11!!! z160 for LIFE. well guess what they got burned.
the science doesnt matter, leadership does. and ttnp has #$%$ poor leadership and management who only care about themselves. the drug will eventually be approved, but dont expect anything above 2.5 BEST CASE SCENARIO. and that wouldnt be for a good year, at best.
yea cep this was a TYPE c meeting, and when has any drug been approved in a type c meeting? BEST we can hope for is FDA says no human trials needed, but the chances are slim IMO. MOST LIKELY, fda will say more trials, which would delay future approval by 1-2 years. expect ttnp to hit .40s, maybe lower. and the drug itself isnt worth that much, maybe 300 million MAX. and braeburn gets a bigger cut under the terms of the new deal. i wouldnt be surprised if braeburn buys titan before the drug is released, especially if the company's value is shredded.
i just hope this stock is pumped up until december 19th so i can recoup my losses. you guys can hold the bag.
LOL. i bought to make money. biotechs arent humanitarians, and the dirty dealing by sunil is suspect. practically giving away shares to braeburn, wth? braeburn might as well buy titan, at least that would pump the stock. when the fda says ttnp must run more trials, the pps is going down the drain...talking .30-40 cents. wont see a dollar for a good year or two. so, cut ur losses. im selling before the minues come out, i think december 19th or something. hopefully between now and then the stock will pump a bit so i can get out of this and buy more ino/oncs.
u done pumping this stock. u said urself u buy on the lows and sell on the highs, u r NOT a long.
even if the drug is approved, the maximum titan would be work is MAYBE 2.00. so for those with averages around that price, i wouldnt get too giddy. and now that braeburn owns more than 10% of ttnp, it will eat away at any future pps. eventually braeburn will just buyout titan, or go public after acquiring it.
why are you smiling. more trials will be needed, ttnp will take a nosedive and probably get pumped and dumped all the way until december. i will sell the moment it goes above 1.00. i recommend others to do the same.
i agree. but im thinking of selling on tuesday anyways. i fear ill sell then ttnp wil jump to 1 or higher. i know the drug wont be approved forever, ill take 1.5
lol didnt u basically describe ttnp as a scam? im gonna cut my losses and put the rest in ino like i should have. ive made good money swing trading that.
im tired of sitting on ttnp. maybe you guys have the patience to wait 6 months for the chance the drug will even be approved, and even if it is it isnt a billion dollar drug/ ttnp is not multi bagger, especially when they rely so much on braeburn. so im gonna cut my losses on monday and eat the 20% ive lost in the last 3 weeks.
the meeting isnt until the 19th, right? so why would it drop monday? tuesday more like it. let's not kid ourselves ttnp isnt going to 2 anytime soon, especially with a loser like sunil who works for braeburn.
this is a typce c meeting, nothing serious is happening. ttnp keeps railroading shareholders, i just want oUT
21 million is a lot depending on the burn rate. how much does gtxi go through a quarter? im way underwater my average is like 4.50 so i doubt im ever gonna get tht back.
i would gladly take 1.75 LOL. that's more than 4k profit, i would take that NOW. then ttnp can go under and sunil can find a new job at braeburn, but he seems to already be working for them anyways.