Titan Pharmaceuticals Inc (TTNP)

[dinogreeves]

You are not dreaming, although your numbers are off quiet a bit, going forward, I can see those numbers probably in 2-3 years time. However, tickers with good fundamentals are priced for future earnings, now, having said that, I think they will keep the share price down for the inevitable buyout in the future. This news is huge, if the CC has merits and the share price doesn't go up to at least 8.50-9.00 than I believe it's being heavily manipulated, by the same peeps who are running the company and their partner. Aside from that the timing of the announcement is a little suspicious to me, why announce a day before Memorial weekend, either this was done intentionally, or the management is plain ole stupid, they should come out with the announcement, Tuesday morning and the CC like the they are having after market close, this way we would multiple runs, probably even till Friday. This is new was huge, shorts saw weakness on Thursday, took advantage of the situation. There were also scalpers, penny pinching, but overall it was massive selloff because there was no strength pre-market and short saw the opportunity took jabs at it. TTNP needs huge uppercut during the CC on Tuesday, if the CC has no merits, this is going to be dead money for a while until they show some numbers, which will probably take another 3-4 quarters. We need an excellent CC, what I am looking for, besides speculated numbers, is Braeburn investing more into their equity, like add another 10% to their current 20% ownership in TTNP, or better yet a buyout, which I don't think TTNP will even consider a 50% premium from where the share price is currently.