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Re: Charleston post# 5271

Friday, 05/25/2018 9:16:05 AM

Friday, May 25, 2018 9:16:05 AM

Post# of 7603
This is just the complete wrong way to look at it. They are using their inflated stock price to increase their ability to raise cash to help build the case for a company w/o JNJ. Think, if JNJ drops them and they have no cash to fund the "pipeline" and the equity is pretty much worthless (sub $1), but if they raise a cash to fund this pipeline the equity is worth $1-$2 when JNJ invariably drops them. The CEO prepared investors for the JNJ drop when stating they can survive w/o JNJ. This is business as usual for another frothy biotech pump and dump
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