SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : biotech firesales -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (3390)8/1/2016 12:16:01 PM
From: fred hayes  Respond to of 3661
 
Ya, this one I follow and puzzled by the drop. Don't see how the convertible offering could begin to account for a 27 percent haircut. Can't find anything else. Can't depend on me to make the right calls on clinical data, but this one I thought for sure was low clinical risk. Spoiling an otherwise nice day here...



To: tuck who wrote (3390)8/1/2016 12:17:53 PM
From: scaram(o)uche  Respond to of 3661
 
Took a look. I don't get it. They have nine quarters of cash in bank, no debt. Doesn't seem like they need money, why are they screwing with balance sheet before results come in?



To: tuck who wrote (3390)8/1/2016 1:09:01 PM
From: ghmm  Respond to of 3661
 
I posted on Ricks board about ITEK. I am long with a descent but not huge position. I didn't add and no plans to sell. I'll be curious to see the terms of the debt