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Monday, May 18, 2020 4:07:07 PM
I've been trying to tell all since Friday morning:
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 ("CURE"), to garner government grants or to artificially raise stock price for possible dilution.
It was good for those who already owned shares and also for those who bought EARLY Friday morning, but the chasers who bought pre-market today probably ain't happy now.
Momentum and trend is you friend only lasts for so long.
Recent SRNE News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 09:31:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 08:15:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2023 01:51:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2023 09:25:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/07/2023 08:15:35 PM
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