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Replies to #87562 on Biotech Values
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mcbio

12/15/09 7:27 PM

#87568 RE: tony111 #87562

Re: ACHN cash balance/stock offering

ACHN got one more quarter of cash to burn. To me the release of preliminary news is likely a pump and offering IMO.

I'd like to think that the results pretty much speaks for itself and that no real pumping is necessary. Clearly it's possible they could do an offering if the stock holds these gains, but my preference and hope is that they land a lucrative partnership. We'll see if these results get ACHN one.