Seelos Therapeutics Inc (SEEL)

[ZeWaffleBaron]

Feel it was smart to raise some cash before the fda meeting just in case the worst case scenario arises. I’m started a position again at .40 after exiting near the recent highs in share price. I don’t think this is a done deal as of yet, at least as long as they are able to continue selling in Mexico and outside the U.S. I’m interested to see what the FDA has to say here and agree I might take a hit. I feel they would have raised more cash if the situation with the FDA were terminal, and suspect they had options to raise more than 5 million or so... perhaps I’ll be proven wrong, it’s happened before. GLTA here