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Re: GoodGuyBill post# 200197

Saturday, 11/24/2018 9:08:39 PM

Saturday, November 24, 2018 9:08:39 PM

Post# of 703086
I think 'stock headed down Monday' is nonsense as there is way too much convincing evidence they have a non-dilutive financial deal very close to closing, imo. I expect one or more small deals to put $30M or more cash on the balance sheet, followed by share appreciation maybe to .40-.50, followed by sales of shares via warrant redemption bringing in some more tens of millions of dollars. Seeing non-dilutive cash flow coming in and maybe used to start new trials etc will imo virtuous spiral us back up the way that the financial weakness spiraled the stock way down. All a factor of whether they look like they will need more huge dilutions or not.

IMO we can be dead sure no major buyout deal would take place before at least top line data from ph 3 trial being released, but in the meantime, the financial situation could firm up and support a .50-.60 stock price, maybe even more. Of course the real value to the extent it exist will manifest in the data and if it's good, lead the stock to at least a buck or two.

It may still be coming together slowly from the perspective of a day trader but imo from an investors viewpoint a heck of a lot can happen in a few weeks or months.
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