Opiant Pharmaceuticals Inc. (OPNT)

[ZeWaffleBaron]

Been a fun ride everyone. Sold the rest of my shares yesterday. With the price this high, all 3.7 Million stock options previously awarded to company execs etc will likely be exercised. That would raise the total shares from 2 million to 5.7 million. I loved this stock at 7-8 bucks because the options were out of reach and the cap looked artificially low. At 20 bucks a share, 5.7 mil shares... makes this a 120 million cap company. Too much too soon imho. Especially with most of our revenue tied up for several years with the narcan stuff. Will look to re-enter in the coming months... probably a month or two after the next quarterly, when they reveal the number of options exercised. GLTA, hope you did well