RE:Opportunity ?I'm not sure if you're the only one thinking this is a good investment.If you're new then maybe.It sure wasnt a good investment for anyone that had shares over the last few years.The problem as I see it now,is too much overhang...too many unknowns.
Lets just speculate here: even if this company after all is said and done starts anew,in other words no debt,would its products as they are now,be enough to fund all their trials?Remember ,if I recall,their sales werent even enough to run the company at a profit.And that was without counting their huge debt payments .I know theres a few here that would take advantage of what the restructuring offers potentially, but is there still trust in PLI?
One wants to see absolute clearity with a companys inner workings..at all times...not nonsense comments about being "overly pregnant".The same is to be wary of is the so called pumpers on this BB.Most longs dont post anymore simply because they couldnt have been more wrong.Embarassed or broke take your pick.
Personally ,I sold a while ago and took a loss.As everyone here lost money.But I'm not so quick to assume evrything is great with PLI.I dont want to gamble again.After a year or so to see how they do I may jump in again.But only if they make a profit with rising revenue..otherwise it'll be another disaster.