Tuesday, April 25, 2017 12:43:16 PM
if the company expects to be cash flow positive how does one extrapolate they need to raise more cash or they have a cash problem?
Then people say well Seroquel may not launch May 1. ok, why wouldn't it? did they fail an inspection? do they not have the machinery in place? the only thing I hear is that "the FDA may not give final approval" OK, why wouldnt they?
The fact is the price is over reacting to something that hasnt occurred. I could see a sell off if they didnt get FDA approval and therefore they cant launch and therefore they would run out out of money. but people are saying that and we havent even crossed that May 1 deadline yet. I could see it if it were May 15 and we had no word from the FDA. but at this juncture I say its pre-mature.
and once that happens will the price ten reflect what the company tells us that cash plw positive is coming in 3QE or will be sold off to $1.50 on some other bad news they decide to pickup on?
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