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learningcurve2020

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learningcurve2020

Re: sentiment_stocks post# 696438

Wednesday, 06/05/2024 7:24:27 PM

Wednesday, June 05, 2024 7:24:27 PM

Post# of 824204
I've never known a biotech allegedly gearing up for commercialization to be running on fumes. The cost must be enormous. Use Geron as an example.

>>They have run with very limited cash on hand for years. YEARS.


They never took loans to pay interest on loans before. $3.5M might pay for legal fees.


>>So if you think they're insolvent now, then they were insolvent for every month of every year since 2016. And yet, they're still here.
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