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Its a win-win in my opinion....purchase gives RNN more capital to operate with...Also,,,,there are other ways for TEVA to loan money to RNN, the fact that TEVA opts to purchase shares tells me that TEVA knows something we dont,,,meaning they are convinced the PPS will be much higher...I mean who would want worthless or cheap shares...
TEVA wouldnt be involved with RNN if they didnt think RNN had some winners in its pipline...
In answere to your private message, RNN is NOT in massive debt - as most young biotechs are and for good reason. Its expensive as hec doing al this reasrch and paying for filings...RNN has very little debt and a very promising Pipeline.Offering stock to help fund a winner is a good buisiness decision. TEVA knows a good thing when they see it and thats why they are ONBOARD with RNN..GREEN PEEPS(investors) will see a public offering to raise some additional revenue as "Oh my God - they are selling stock because they're BROKE!" NOT ! They are selling "SOME" stock to keep they're Margins in check, something of importance if there is a Big Pharma considering a buy out..Partners i.e. TEVA and RNN operate above board with each other with plenty of transparency meaning nothing is hidden (TEVA knows this buisiness and thats how TEVA got too where they are) TEVA already knew what news that was released after hours - and its not a big deal in the Bigger picture here..Theres always also a huge chance of a RNN buy out and there is already 1 Big Pharma involved (TEVA) kicking the tires.
Boldcab , did you read the news that came after hours ? Your thoughts ?
now i know why maybe that big order got stacked on mine,,,,,New article just came out on SEEKING ALPHA about RNN....maybe i bought in right at the perfect moment..?
i had 1000 more shares to fill (and my 1000 was the only one showing on bid, then 20k more got stacked on top of mine) out of 4500....then ...my last 1000 at .47 still hsnt been filled but it may go back to there.
just bought another $2000 worth @ 0.47....taking more than 15 minutes to fill 4645 shares,,,,geuss not many are selling thiers at that level cause i thought it would fill immediately.
if it was bought out, what price at the minimum do you think us shareholders would get per share ? Stock is also trading sideways since the news,,,,,, ? think it will go up or down from here ?
lends one to believe RNN doesnt have the funds and TEVA is helping...also lends one to believe that what about cash flow to fund the other projects ? Keep in mind Teva will be getting more of the profits with every project that is funded and that means even less for RNN..So what im saying is, Expanded agreement isnt the best news for RNN..And TEVA wont purchase RNN for 1 (one) patent - would if they wanted thier whole pipeline perhaps?
I noticed since august till now periods of good news with patents and such. But with little too no major movement. If there was news about a partner - think it would react much to that ?
After that ALPHA article, at the bottom there are responces to the article which Alpha comments on...I will note that most the following commentary was negative,heres one of them:The drug works in 50% of patients and that is a problem because the population is small and the treatment period has been about 5 months on average so they do not even get the benefit of patients who respond to be on drug for year after year, like in RA. This company and product has a lot of warts and big pharma companies are not dumb, the can see that. So I disagree that a bigger company could drive sales any quicker or deeper than they are now in the US market. Rheumatologist awareness of Krystexxa is very high. If there was a deep market and significant numbers of these severe patients readily identifiable we would have seen a steeper uptick in sales.
EU approval should come in the next 2-5 wks...obviously latest news hasnt budged this position and only good new from EU will make it move IMHO...If a partner is included with that news this thing GAPS up considerably.
Lets hope...Cross our fingers.
So if they want to keep intact a Shareholder base,,,why is some body tellin people on the phone ASYI is dead ?
NOTE: PUMP and/or NEWS are extremely rare occurances with this trade. I hope for either or BOTH will occur :)
All im saying is that i called that number posted on this board..Asked A gentleman(?), if his name was James Beatty, he said it was (could have been anyone - so im not saying it was actually him?)...We are all stuck in this trade any way, no matter WHO this person is i talked too..Nothing WE do here can or will change the out come/end result here..We hold,,,wait,,,and cross our fingers and hope something else other than No News can move this thing..
I probably got his cell phone cause i heard a Land Line ring in the back round..
Well,,,,,,, i just called beatty....picked the phone up after second ring he did...He said he didnt recognise my number - I told him i was a stock holder in ASYI, i kept it short , then asked if ASYI was finished, got a obviouse YES from him.He also said he didnt have anything to do with ASYI any more...heard another phone/ring in the backround and he then said it was his son and he needed to take the call...end of conversation...I SWEAR too GOD !
Ok,,,i missed that number (0.85) .... Im not even going there..
there ya go !
Hec,, at this JUNCTURE, i think many of us would be Down Right GIDDY it it even got too .003.
If you mean to get too .0003,,,,it could get to that EASY without restructuring any of the assumed 5bil count....but to do so will need NEWS IMHO.Infact i think with said share count and news, .006 area seems about right.
I tried it twice (just to see)i used 5m shares and it went from 22m on ask too 27m...then when i cancelled order it went back too 22m on the ask.on TDameritrade and both times it showed accurately...
I am hoping for that Alpaca ! Love your videos man ! Thanks ! I used to think my position was large 8ml....but it will make BANK if this things so much as twitches !
Ya ! I think i said - "Hope and wait?" Not being sure whats going to happen here(i.e. It may go up , it may not) isnt an option, its a "Real" statement and nothing more . Being real and stating assumptions that trend on the negative is - What it Is..i dont like it either. Just sayin..
Maybe before 2013 ? But then,,maybe never ? Hope and wait ?
The SOURCE knows :)
Very good point OCT....Bankruptcy to declare is to avoid paying said DEBT. Havent heard NOTHIN about any bankruptcy here.
Well now that is Terrible NEWS ! Applaud your persistance....Looks like things are done here then doesnt it..
So whats your best geuss?
TDameritrade shows whats LEFT of my balance :( ... But it also shows 0.00 for todays open.
Volumn at 7,100....here we go....
But,,,,,,,,IMOA it will take considerable volumn.
That would be GREAT ! Lets see !
Cant say i blame you.
Ya,,i figured - thats why i put it out there ? I also wondered,,,in a case where say a compnay trading where ASYI is and IF said co. was really going or gone under, say bankruptcy, would shares be availble (more than they are now) ? Or would it be a similar cituation as the present i.e. MM's controlling everything ?
Has anyone been able to buy more than 5,000,000 in the last couple weeks ?
I agree with you on all those accounts as well....Maybe im OFF BASE saying this but, at least through august and into late oct., this stock should be around .0009 - .001 ...it immediately went clear too .0001, well almost immediately,,,it flirted with .0006 and .0009 for a week or so,,gasped and jumped to .0035 then WHAM too where we are now...And STILL we have all actually MORE MM's here now than then....WHY is the million dollar question - why STILL here ? In Sept.,,, i figured there would (possibly) be 0 (zero) MM's here by now - but what do i know.
Hmmmm yes,,,perhaps ! looks like we're STUCK doesnt it.