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mcbio

02/09/12 12:14 AM

#136720 RE: tony111 #136718

Arry this is the worst timing the chart has started to look great why can't they wait and do an offering before ASCO

ASCO is still over 4 months away. I'm sure they have a minimum level of cash they like to be at during a given time and they presumably aren't comfy in waiting until they have just 6 months or so of cash remaining to raise more money. Also, hopefully they will only do a small offering here. Let's wait and see how large this offering is. I can't blame them, though, for raising some money here as the stock is up sharply.