Sesen Bio Inc (SESN)

[Dodgeball]

Value is still there. Really didn't think TC would pull an ATM add on move with $44MM or so still out on the old ATM, unless maybe he has been quietly monetizing more than we realized. He sure likes his "strong balance sheet." But at then end of the day, while momentum gets tamped down for a cup of coffee, we wind up with 25% of market cap sitting in cash on the balance sheet and high probability of FDA green light to go commercial by August, if not earlier. And new market partners. All good, but kind of annoying.