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11/15/12 6:40 PM

#152492 RE: mcbio #152490

When a small-cap turdling biotech CEO says, "they have existing cash to get them well into 2014"....expect a raise within 3 months.

I am long. But don't like (a) when companies say aren't in need of money, and (b) infer they have all these partners lined up, but never sign a deal.