News Focus
News Focus
Followers 27
Posts 1545
Boards Moderated 0
Alias Born 06/21/2007

Re: AugustaFriends post# 127322

Sunday, 04/03/2011 6:42:49 PM

Sunday, April 03, 2011 6:42:49 PM

Post# of 720694
ZLCS - now that Wedbush is done selling over 8 million public offering shares (as of last week) which raised 20 mill in cash for the company - we should see a nice run like we had last December.

"However, in my own analysis of Zalicus’ corporate assets, I arrive at a much higher estimate: $1.2 billion, or $13 per share."

Nice article on Seeking Alpha breaking down the potential here:
http://seekingalpha.com/article/260437-zalicus-climbs-on-new-price-target-market-waking-up-to-company-s-value

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today