Thomvest not offering bridge loan Backstopped by voucher... I wonder why?
I think the market is beginning to sense that Thomvest will take this private either way with their recent Ryplazim giveaway and shutdown of IPF phase 2 trial.
Can't even get above $3 and will plummet on a financing. Could be $2.25 or $2. It went from $12 to $5 in a month before last financing. Consonance totally bailed from their April '19 and then Armistice bailed from Oct '20 financings. Lots of hurt left unfortunately.
There was a one day jump of 40% on FDA approval of a new drug. A financing will pop 10% maybe and then cold reality will set in of no drug in human pipeline. Lots of great animal studies to do, though. Newcamo Realstocky Tommyjones love those animal studies and think that they are worth billions LOL