""But they (mgmnt) clearly miss the point that the price per share will drop until financing, "de-risking" be dammed. Unless they have an wild card tucked up their sleave, it's a case of better early than late.
Every time I have made a bad entry point decision in a biotech, it was directly because of a subsequent financing that took a 30% or so hair-cut.
I have nothing bad at all to say about RPRX, but I will NOT buy until after they get some cash.""
...Great point Ex, if there is ever a next time for me I will heed your lead.
I heard there would be no shorting going into the refinancing.
...So either, there is no honour amongst thieves or we have rogue shorters.
OT: Tomorrow nights UFC, mixed martial arts fight night has some great matches....I like Rashad Evans in the main event.