Replies to post #886 on Javelin Pharmaceuticals Inc (JAV)

[steveporsche]

Gabe - You keep making the same silly comment over and over again. You assume that a company can only do a financing with a rising stock price. Companies do subsequent financing all the time with a lower price. DNDN did a 2004 financing at $12.75 and 2 subsequent financing in 2006 in the $4s and $5s. Of couse the dilutive effect is more pronounced at the lower price.