Replies to post #7866 on Organovo Holdings, Inc. (ONVO)

[rayank]

Maybe good I did sell? Some dilution was expected I guess? Maybe I get back in when it settles?
Good luck to those holding.
:-)

Organovo -4.2% after filing $190M mixed shelf • 7:14 PM Friday 27th
Eric Jhonsa, SA News Editor
Shortly after CEO Keith Murphy suggested another capital raise is on the way to help his company grow its R&D investments, Organovo (NYSEMKT:ONVO) has filed to raise up to $190M via future stock, debt, and/or warrant offerings. (prospectus)
The 3D-printed tissue developer had $50M in cash at the end of 2014, and no debt. Shares have fallen to $5.67 AH.

[adeezl]

Holding this POS?! im short here have been for a year, hell we even short the little spike short covers