Angelo, Amazing job and thanks so much for sharing your spreadsheets.
@ Wimusky: do you think are we likely heading to 0.5 by year end ?
The shorters game has become now more apparent than ever: I remember when me and Samsa kept on stressing how sick was this stock behaviour even when positive developments happened.
Now we have the higher short interest (2.9mln shares) and the share price more easily controlled. the list of institutional shareholders hasn't change since AdComm except for those 2 small which I wrote about some days ago. this reinforces my feeling that we have 3-4 persons, with an algo one pc each which have been sinply making whatever they want over the last 3 yrs. Fault on Odidi, beacuse I'm sure he knows them and he has been palying at the I-show-you-who-is-the-strongest game.
I strongly believe the objective of the Group is to get in control of the company for the cheap, outnumbering Odidi's shares with major buys aroudn the lows we are likely to see in the coming weeks.
Let's be realistic: we are heading towards 20Mln of mkt cap, and I'm sure many of you know persons (not institutions) who could easily bought out the entire company if Odidi was not THE probelm.
Only one thing could change this scenario from happening: a partnership on Regabatin or Prodras OR a cash infusion from a sale of some of the ANDAs.
After AdComm I have been praying for some major development BEFORE 25th of September. Now we can be sure this is not going to happen.
Odidi will likely understand it the hard way, when with the stock @ 0.5 one day he will discover he is no longer the major shareholder. that's very sad, but he did prove that he is so stubborn he could drove the company against a wall while screaming I know what I am doing.
CRL on monday seems inevitable; our only hope is Patience finds out a way for not issuing new shares (hei, by the way, shelf prospectus was withdrawn but not replaced so far...is it nothing or...don't know)
Honestly the new CFO couldn't make miracles in 3 weeks and unless something was already up (which I doubt) he needs time to get deeper knowledge of the company and start to deploy his network of business contacts.
@ Doog...like in the Aerosmith song..."..with the blink of an eye, you finally see the light"...
it is just to soon, our eyes are still too wide open LoL
Holding LONG...hoping for the best....expecting the worst
