Yes. e.g. Discovery Labs (DSCO). hired and built sales and distribution organization ... then "it" (regulatory approvals) didn't happen. into the toilet.
lots of uncertainty persists, now amplified by Supreme Court decision calling for cost to be considered in mercury control regulations. (what a novel idea.) energy markets add even more uncertainty. would like to think that current price of shares reflects huge uncertainty discount.
if so, huge number will expire worthless
50 day m.a. is 2.74. would like to see more volume with this price pop. 30 day moving average of volume is around 60k. i'm getting more confident that share price will reach 3.65 (2015 high) before 2.03 (2015 low). Rising above 3.41, the May high, with strong volume will represent a change in trend to the upside. whether you "believe" in charts or not, there are many who do who will look at these various price points as significant and trade or invest off them.
and it was no mention of a stock, AMBS, about which he's blogged about more than any other. what does that say?
true that he did not mention AMBS. and here's his disclaimer: "My company has a financial relationship with the following companies mentioned in this interview: BrainStorm Cell Therapeutics Inc., Neuralstem Inc., ContraVir Pharmaceuticals Inc., Cynapsus Therapeutics Inc., Resverlogix Corp., InVivo Therapeutics Holdings Corp." nothing's black and white.
you've misinterpreted the ATM agreement. Cowen is Curis's agent to sell $30 million worth of stock in the market for 3% commission plus some expenses ... relying on Cowen's expertise to maximize proceeds with minimal share dilution. simple as that. no "selling those shares to Cowen". $5? -- wishful thinking.
$30 million. why now?
Asked because I see that ADA-ES and ADA-CS are both represented at an industry conference this month. Nice to see ADA-ES's prominence. e.g.:
Training Class 4: “Smart MATS Compliance” Panel Co-Chairman: Connie Senior, ADA-ES and Ned West, Southern
Company / Panelists: Melissa Allen, TVA; Grant Hilbers, DTE; Joe Hantz, Entergy (Regency Ballroom VII)
Complying with the MATS rule requires more than just equipment. This panel focuses on data requirements and strategies for
compliance, focusing on questions such as the following: What information did you use to make your decisions for MATS
compliance? Now that MATS compliance has arrived, what kind of data will you use to be in compliance year-round? What
information will you need to minimize compliance costs?.
Panel I: “Startup & Shutdown Under MATS” Panel Co-Chairman: Connie Senior, ADA-ES and Tony Licata, Licata Energy /
Panelists: Kevin Cown, Southern Company; J Berley, Duke Energy (Regency Ballroom VII)
New operational and reporting requirements during startup and shutdown have been promulgated with the Mercury and Air Toxics
Standards (MATS) & the New Source Performance Standards for EGUs. The objective of this panel is to provide operators of coal-
fi red boilers with guidance on safe and effective methods of starting the APC equipment and on measurement issues in order to
comply with EPA’s startup and shutdown provisions in the MATS rule.
ADA Carbon Solutions is owned by Energy Capital Partners (famous for its involvement with ADES in Norit litigation).
$20 -- if only wishing could make it true... for now, until share price closes above 3.65 with strong volume at the top of a day's/week's range, it's stuck in a trading range.
starting to wonder. need some good news to support share price.