Acadia Pharmaceuticals Inc. (ACAD)

[number33]

This is a private placement. The two main investors and the lead deal maker had to use some price to make this deal happen. Please remember the price of acad was just around .70 cents . The market cap was near 26 million usd . The folks at the Naz global had acad on a watch list . The stock needed to get over a buck on the bid and a market cap with a min of 50 million or face delisting to perhaps the CM Exchange . So I think the deal at $1.20 and ACAD getting $15 million in cash is a good deal . The stock was @ .70 cents about 3 weeks ago and now the unit price of $1.20 is 70% ABOVE THAT PRICE . I WOULD NOT BE SURPRISED if both parties must hold the PP shares for a min of one year . On top of that the stock is about 1.60 per share. So yes ACAD has some dilution a year from now . And the company got or will get $15 million in cash on wed . The market cap is at 62.48 Million usd. In recap we will take the appreciation over the dilution . I also think the big hitters love the deal as acad traded 10.28 million shares on Monday or 26%. Even today after the huge run acad turned GREEN AND TRADED 5.42% OF OS. AS FAR AS DILUTION VS THE CASH AND THE VALUE OF ACAD GOING FROM 27.5 MILLION USD TO TO OVER 60 MILLION IT'S A WIN FOR ALL PARTIES . JUST LOOK AT THE SIMPLE MOVING AVERAGES FOR ACAD .THE 200 DAY IS $1.12. THE 100 DAY IS .92 CENTS AND THE 50 DAY IS .87 CENTS . I NEED TO CHECK THIS OUT ...BUT I'LL GO OUT ON A LIMB AND STATE THAT ACAD TRADED MORE VOLUME IN THE LAST 15 TRADING DAYS THAN ALL OF THE VOLUME IN THE OTHER 49 WEEKS. I'LL CHECK ON THAT . IMO ONLY ...IMO ONLY ...WE WILL CRACK $2.00 SOON . I HOPE IN THE NEXT 5 DAYS . I AM NOT A PROFESSIONAL TRADER . DO YOUR OWN DD. TAKE CARE. Number 33.