Post by
fundtrader on Oct 12, 2016 10:59pm
Net profit last quarter before writedowns was 72 million$
joint short attack by 4 hedgefunds has destroyed shareholder value.. shorted shares have gone up by 3 million to almost 11 million shares..this was at sep 30.. retail morons have followed suit as well shorting for cents...well all of them will have to cover with a huge push up..we will see a huge bounce once we have that 350 million in bank. SR Completion would be a buy signal as most insiders will start buying soon. News Release this week.
Comment by
fundtrader on Oct 12, 2016 11:41pm
ok if you say so...dont count on your 20k short... you might end up paying 40k extra on that if it goes to12$ in 6 months..when 11 million shorts have to cover there will be a violent move up..its coming hold on to your hat when it happens...i am predicting a 50% return by december..we will see shorty....
Comment by
fundtrader on Oct 12, 2016 11:48pm
u might think 72 million is a joke but 4 is 288 million net...80 million more then the current market cap...once the cinven payment is done thats all cash on books to pay debt or acquire more drugs or develop them..
Comment by
LaticelnExile on Oct 12, 2016 11:29pm
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Comment by
fundtrader on Oct 12, 2016 11:36pm
lettuce look at the investor presentation is 20 million in fees and charges.. yes the short game is over..11 million to cover shortly..
Comment by
LaticelnExile on Oct 12, 2016 11:51pm
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Comment by
fundtrader on Oct 13, 2016 12:05am
errors says who...shorters like u...stop dreaming..better start thinking about how 11 million shorters are going to cover all at once..morons come on bnn and say equity worth 4 profits...when the market is trading at 8-12x profits...that alone puts shared at over 20$ a share..