If you're long, it's better to buy below financingFor long holders, it should be pretty obvious that 27-cent open market shares are a better deal than 30-cent units, even with the incredibly generous warrant.
I just added another 120K today to boost my position to 700K. At 27 cents, that's a 10% discount to the offering and a 23% discount to the warrants.
I'm fully tapped out now, and expect many other TLT longs are in a similar position.
I've never been more bullish about a stock than this one.
TLT's success in treating NMIBC during Ph1 will almost assuredly be repeated in Ph2.
And the reason for that is that science nevers stops advancing. Think of how far TLT's treatment has progressed since the last clinical patient more than 18 months ago.
Looking forward to three years out when the data confirms categorically what everybody already knows: TLT has a disruptive, transformative treatment for cancer.