InvestorsHub Logo
Followers 743
Posts 61898
Boards Moderated 10
Alias Born 10/05/2009

Re: rarefind post# 532

Wednesday, 04/18/2012 9:39:35 AM

Wednesday, April 18, 2012 9:39:35 AM

Post# of 1435
The company is alive, and has a large hoard cash now, and a new drug to add to the pipeline, the issue or concern is a possible R/S now or more later, and the convertible shares that represent controlling interest held by the new CEO.

If he converts the shares to common (the stock will crash), and does a R/S (it will crash after the R/S), it may be better to buy at $5/share a few months after the R/S if the R/S happens soon.

If he sits on the R/S for 1-2 years, does not convert the convertibles, then the current float is very low, and could be pushed well over $1/share on news PRs of starting new drug trials, or signing a JV deal, or selling one of the original drugs in the pipeline.

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TGTX News