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RNsidersbuying

05/08/17 11:59 AM

#34989 RE: micham2012 #34799

MEIP 1.57 - adding to this beatendownbio trading at cash for 2 reasons.

1. Very similar to CNAT (whaddarun congrats to those that held on) in that a large biotech, Helsinn Healthcare SA, infused them with a ton of cash and has agreed to pick up all Phase3 expenses.

2. Q3 filed on 5/4/17 notes 3 upcoming catalysts in June.

They also filed an S3 on 5/4/17 which might be good or bad imo. Love the risk-side here because it trades at cash with most future expenses covered under the Helsinn agreement.


researcher59

05/11/17 8:57 AM

#35138 RE: micham2012 #34799

CNAT -1.36 to 5.66 in premarket after announcing a capital raise .... this stock was over $9 just 2 weeks ago !

I may be getting back in soon ....