Replies to post #1374 on Ocera Therapeutics fka OCRX

[1millman]

Cash on hand as of 12/31 was 15.3M. Considering the burn was reduced to 3M in 1Q and 1.6M payment from BMS that should put them at 13.9M cash at end of 1Q which equates to .503 per share cash. Currently trrading at .45 which is an 11% discount to cash. Bought more shares this morning as I feel very good at these levels. Just going to sit and watch now.

[Value_Investor]

Not good news for the shareholders! No operation, then no business!!