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ghani

04/03/11 4:57 AM

#127342 RE: AugustaFriends #127322

Thank you
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Micro Man

04/03/11 6:42 PM

#127350 RE: AugustaFriends #127322

ZLCS - now that Wedbush is done selling over 8 million public offering shares (as of last week) which raised 20 mill in cash for the company - we should see a nice run like we had last December.

"However, in my own analysis of Zalicus’ corporate assets, I arrive at a much higher estimate: $1.2 billion, or $13 per share."

Nice article on Seeking Alpha breaking down the potential here:
http://seekingalpha.com/article/260437-zalicus-climbs-on-new-price-target-market-waking-up-to-company-s-value