Versartis, Inc. (VSAR)

[humonstick]

I'm actually still in the sideline for VSAR due to cash burn concern. I don't have a narrow estimate range on the burn, but the fact that the company reported over 40 million and over 20 million net losses for the September and June quarters, respectively, are huge % to the cash equity. Market cap is now ~$60 mil. I don't think one can necessarily loss (too much) at this level swing trade it, but I don't find it attractive enough yet without knowing the actual cash burn for the December quarter. I normally do not like to recommend stocks and be part of ones financial loss as I know I can be wrong on my picks too.