Rexahn Pharmaceuticals, Inc. (REXN)

[stockstranger]

As much as I hate dilution too, there is a good story here.

1. They can raise money by placement, not offering
2. They seem to raise it at will, showing a strong market interest
3. I prefer these small nibbles, instead of the big chunks (easier to absorb.)
4. They have about $20m. Enough to fund all the P1&2s they planned.
5. With the trials, they will get offers for partnerships
6. I love the fact that they got 3701 back and there is great interest already (See comments from R&R presentation.)

I am long waiting for a big deal/partnership or outright purchase. It's going to be a binary moment with rich rewards.