Repros Therapeutics, Inc. (RPRX)

[exwannabe]

Re: blaim Joe for the financing situation.

I have to modestly disagree with you corp.

The game of "whack the biotech" has been going on for years now. When you get down under 6 months cash, your head pops up and the hammer comes down.

I'm not really being anti-management here. As far as I see, they are doing a good job of pushing the drug along (and I blaim the FDA for the Androxol issue).

But they clearly miss the point that the price per share will drop until financing, "de-risking" be dammed. Unless they have an wild card tucked up their sleave, it's a case of better early than late.

Every time I have made a bad entry point decision in a biotech, it was directly because of a subsequent financing that took a 30% or so hair-cut.

I have nothing bad at all to say about RPRX, but I will NOT buy until after they get some cash.