RE:Death spiralSorry, don't lie that you have no shares... no, means, minus, like short... Disaster is you... Your facts are one-sided...Not sure, how you came up with 3.9 BLN, because debt was $3.2 before notes issue for 350 mln, but the money are in the bank, so you can add and withdraw; it's there for solvency/ liquidity and future payments...
Even last disastorous quarter brought positive cashflow of $17 MLN, not a lot, but it was positive.
In addition of 145 mln in bank account
Lately shorters were quiet, because they had nothing to say, and talk like about what company will do in 2022 is big BS it's definitely a problem, but in active market like pharma/drugs things can change pretty fast. Today they try to kill pharma industry by new upcoming laws (like UK or Clinton), etc, tomorrow it changes with some virus or something like that on door steps, and Government does opposite... like Ebola scare, nobody talks about it now, but I just pulled CDC and was surprised to find out that number continue to increase every year....
It all depends whether media catches that...
https://www.cdc.gov/vhf/ebola/outbreaks/2014-west-africa/cumulative-cases-graphs.html