RE:Near term impact on priceDJDawg wrote:
Am I correct that the buyers of this new block of shares won't be able to sell for 4 months like the previous PP that was just announced. If so then it doesn't great new shares that will suddenly appear on the market. I guess it takes away some of the incentive for people to buy at current price as they can get some of these new shares plus a warrant.
Am I correct that people think it won't change too much and the price will hang out around the current level for a while till the next clinical trial announcement of some kind?
I like that it will give RDW enough cash that if he start some JV negotiation it won't be from an apparent position of desparation and low cash.
Thoughts?
I think this is already priced in. No one is selling. If you aren't already in on this deal then you have to buy at market. The market is priced higher than the PP... Very nice, IMO.