Replies to post #3397 on PROTALIX BIOTHERAPEUTICS, INC. (PLX)

[CYDYWinning]

I’m not they probably need money for the next trial not uncommon. Also they have no idea what the fda will do.

[midastouch017]

Let’s not sugar coat this.

You most certainly wont see me leaping with
joy with this capital raise, however:
-Better raise while they can, rather than once
they are in desperate need. When in need
market conditions could be extremely cruel.

-Estimated net proceeds of ~$32.9M will be
used to fund clinical trials, for R&D activities,
working capital and general corporate purposes.

Finally, a general comment: If or when i lose
faith in management, in a would be product, or
the general prospects of any company, i simply
sell off, (mostly at a loss) and just walk away.
I have many examples to effect, but this is my
own investing policy, and of course everyone
is entitled to his/her different attitude and
policy.
No doubt today we shareholders will suffer a
bitter blow, but i am still very confident of
PLX success in the not too far future.
I also remember OLX average price of a month
ago which was just about the $4.30 range.

GLTU

:-)