Synergy Pharmaceuticals Inc fka SGYPQ

[BooDog]

Major over reaction and a shot in the foot as far as confidence goes.

Find a new partner that's willing to either help with market penetration (and of course provide the funding necessary to close out the current financing) or get the current financing renegotiated.

This sector is ripe with shaky territory. Can they get things cleaned up by the end of March?

So really...
Synergy is projecting TRULANCE total net sales for 2018 to be between $42.0 million to $47.0 million

That's not chicken feed. CRG should renegotiate to allow for better market penetration with a better view on the long term.
I say it's worth the risk to see it through, at least for a bit. This news certainly may get to the right big pharma that may swallow them up.

All imho

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Boo Dogg; What's your thought on this situation. I am long, should I pick up some or wait and see. Just wondering no big. GL