Sorrento Therapeutics Inc (SRNE)

[microcapbiotech]

Hi mikar, I am not aware of others who have "claimed" to have an antibody that is 100% effective.
Again, to be clear, I am long SRNE but been doing this biotech for too long to just believe petri dish success will mean phase 3 success.
I also have questions like what amount of cytokines will SRNE's STI-1499 antibody result in the human body?

For anybody who is long, stay long, watch it, maybe put in a few stop looses or hedge with options, but at this early stage, I wouldn't bet the mortgage on it because most of this price action is just momentum players who never heard of Sorrento a few days ago.
I've followed SRNE for years, Henry Ji (CEO) can be a hype machine at times.
And considering that SRNE had only $21.9M in cash and equivalents at the end of March while operations consumed ($38.6M) in Q1, it sure seems like an advantageous time for such a bold proclamation, to garner government grants or possible dilution.

Good Luck to All