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lasers

03/13/13 1:46 PM

#655 RE: DewDiligence #654

$1mil per month burn rate with $16.5 mil in treasury. Increase of TG-1101 trial with new cohort means added burn rate.
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Ecomike

03/13/13 2:12 PM

#657 RE: DewDiligence #654

That makes a whole lot of sense, so it looks like they are going to push it up hard and fast so they can sell overpriced shares to new accredited investors.

$13 should be an easy target as the float is tiny, 19 million OS, and about 70% of that is locked up tight, mostly owned by the CEO!!!

This one could go nuts and overshoot to $15 to $20 easy, before any news or hint of dilution.

I may just double up my share count now!