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Re: rusty8350 post# 57

Wednesday, 09/09/2015 9:19:01 PM

Wednesday, September 09, 2015 9:19:01 PM

Post# of 2296
In addition to what you point out, I think this also helps out, in assuming TTPH is currently way oversold:

Brean Capital notes Tetraphase had $242.1 million of cash at mid-year, “sufficient to support operations through 1Q17.”



That's alotta 'sufficiency' there, and enough to justify a bounce back to $12-$15, or so.

2017 is a long ways away, and TTPH will likely succeed in something or another by then, without needing to hit the market for more $$.