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senrex

07/07/10 9:49 AM

#53224 RE: soulofwolf #53218

soulofwolf: that's always the conundrum of a small biotech. Probably what big pharma was offering for cotara would be considered an insult by PPHM investors. So, management holds out. If there's a healthy market, management will raise the $ through things like we've been doing (selling shelf shares); however, if we enter a protracted bear market (as we could very well be in), big pharma can disguise it's greed through collusion with hedgies doing their naked shorting (and the SEC doesn't give jacks&%@).