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KidTraderDontHate

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KidTraderDontHate

Re: Dozd post# 4383

Wednesday, 10/08/2014 10:26:21 PM

Wednesday, October 08, 2014 10:26:21 PM

Post# of 8449
Hello,

What is the most this price could in theory go down? 0. What is the realistic potential upside? Insert your opinion, I have my numbers based on different scenarios. Is it worth selling at this point?


Cash balance. Assuming they burned approximately 350k as they have been averaging(ballpark) the quarter that just ended in a September. They have about $2.7 million in cash left. Two years worth assuming they receive no more cash and burn at similar rate. My research tells me there is something more pressing then cash on hand for this stock.

Regards,
Kid
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