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tinfoillurker

04/23/18 3:33 PM

#65721 RE: fbg0316 #65718

Disappointing is an understatement.

So do we know how much free shit we gave these guys up front? Is this what the cash raise was for?
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mm2k

04/23/18 3:36 PM

#65723 RE: fbg0316 #65718

I think we need to give the CEO a little bit of time to see what happens, but he needs to move much faster than Lombardo. Even though he's not really a stellar pick for the job, we may get something of bounce just because they no longer have an ICEO - that had directly implied uncertainty. If the new CEO can quickly show he's going to do things differently, good things might happen.
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trading_cyclist

04/23/18 3:37 PM

#65724 RE: fbg0316 #65718

Yes, it's hard to say what's to happen now. The optimistic solutions (short term BO) that I was crowing about have been totally blown up. Got that one wrong.... This is not Ariad, there's no happy ending in the near term.

Like you, I'm worried about liquidity. Also worried about Kenny boy at the helm with a liquidity problem, because last time he faced this he screwed the pooch and the company wend under.

I'm slowly starting to conclude the jokes on me, and I just made horrid and irresponsible bet on a horse that will soon be shot...(this in lieu of winning the Kentucky Derby, as I had planned...).

TC