Tilator, now you are seeing what I am seeing. we are down at these depressed levels because someone wants the company. we can not control that. However, we need to capitalize on it.
once they get control will they continue to want to keep the price down? or will they want to then drive it up?
Most of us longs are so far underwater, we either take a huge loss OR we recognize what is happening and we wait and capitalize on it. what is Regabatin and Rexista worth alone? to me I see an easy and fair market cap of 60 to 80 million possibly 100 million.
So all we can do is try and get our cost average down to where we can make up the money we need at a market cap that then truly reflects our value.
How long that takes is anyone's guess, but if they were able to artificially drag the price down this far in a 6 months then why couldn't they run it back up when they want in the same amount of time?
Again, at the current market cap, its like saying the entire pipeline is worthless. All one had to do is actually read the brief and see the results of the IV abuse deterrence and see that at least Rexista was promising as far as the IV abuse went. The results of the other studies showed its the only drug that can be taken with or without food.
If someone with deep pockets wants it, why should we not? we shall soon see as the next dilutive offering is near. If it is a direct offering It is a clear sign in my opinion. If its a public one then I say the game is up. We are all bag holders.
