Cempra, Inc. (CEMP)

[RetiredPharma]

I trebled down on Cempra today.

This is a solid LT hold at these prices..Company has $225M in cash or $4.25 sh cash..no need to raise Capital till maybe late next year...I think the Comp trial can be done in 12 months time by a solid CRO.....its safety only so can be done quickly....medical students w/ CAP would do it easily!The ERS are clamoring w/ these patients! Easy to enroll quickly! A couple of Labs and your FINE!

Other issue of MFG is not a hard fix!

By this time next year we are at $15.00!

Way OVER SOLD imo..I sold Moxi for years and know antibiotics well..RETIRED 10 years now!

sold out of CEMP at $35 way early and netted $21K...now back in the saddle w/ 13K shs net $2.51....

Dr P was way too zealous w/ Soli for her own good..she talked down Moxi AEs when her FOCUS should have been on her own NDA and MFG!She is gone..ZAC in the HOT SEAT..I wrote to him already today..trick is to get a good clean pat pop w/ NO TYLENOL on board..very liver toxic drug already FDA approved...HELLO?

Thats all behind us now!

RP