Cash is king - At June 30, 2017, FibroGen had $414.7 million of cash, restricted time deposits, cash equivalents, investments, and receivables
We had what 14 million. Cash is gas. No cash is sputtering 300 yards from the finish line.
When your playing in the big leagues with a minor league budget your cannon fodder. And
the last time I checked cash is PL's FUBAR not a bunch of retail investors with more time on their
hands than money to bail out some bald headed science guy. Tell the market PLI has a product to
fix hair loss and we're a triple over night if PL suddenly appears in the next interview with a full
head of hair. SB I think you're living in a fantasy world if you think I will help you now, but I will say given I didn't get an FDA push on PLI today my date is probably a couple of days late. At the moment
I see a creeping takeover with a 3.25 bid by a major as the most likely outcome. And if it is a share and cash offer from a company with dividends think of it as TST trading at .07 and getting taken out at .14 with the shorts scrambling to cover above the deal.