Replies to post #239 on Pieris Pharmaceuticals Inc (PIRS)

[Rymankoly]

Their burn rate was about 20MM per year (but might increase) as of June 30th.
They had 40MM, so about 2 years before they need more money.
Last 10Q

My guess is that they won't raise for another year, unless the stock shoot up nicely (which I don't mind at all.....)

Over all this is one of the most promising bio's to be in.

[Seel]

Could easily move above 2. It has before. But unlikely to sustain that sp becuase theres going to be a news drought.
Can't see reason for dilution. They're well funded. They could surprise me though.

[TradeTraderson]

I guess you have your answer to that, dilution is here.