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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Post by Maxmoeon May 17, 2023 1:44pm
167 Views
Post# 35452887

PG re post

PG re postApparently my use of colourful language offended the sensitivities. Pm me and I'll share the original 
here is same message, cleaned up 

Why would MR. OH!NO! Be pumping everyone re his top pick hammerhead? Well, it only went public this year so of course it's down from nearly 30 day one of trading, to under 10. I must have blinked and missed any trades over 20. Still, nice trade so far. Down>50%. Too bad everyone here owned pipe at 2.80 when hammer went public. Geez, only down to 2.50 = 11%.  Maybe it's the amazing balance sheet. You can't beat that $400 million in debt with $90 million in working capital DEFICIT! Maybe it's the super tight cashflow being used for an SIB? $20 million usd ? Such a brilliant use of capital . And for warrants! Genius! Has anyone ever heard of an SIB for warrants? And only a few months after going public. What a waste of $20 million that could be used to reduce debt, drill, etc,etc. who owns those warrants anyway? Smells fishy. 

But NO! It's the prospectus that mr OHNO!! Loves. He must have written it. It's over 1100 pages long. That's got to be a record for word salad legalese blah,blah, blah, zzzzzzzzzzzz
 

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