Although today’s PR is positive, it doesn’t ad
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Posted On: 04/09/2018 4:27:46 PM
Although today’s PR is positive, it doesn’t address the market’s #1 concern - cash on hand (IMO). Despite B-ABSSSI’s excellent data, investors saw Phase 3 put on hold for two years due to lack of cash. We know it’s not Leo’s fault but the stock won’t get any sympathy from the market.
I have no doubt that Leo will be able to get a deal with large upfront payment for B-OM. Once the cash concern is resolved, the stock will fly. I know what I said isn’t popular here, so fire away.
I have no doubt that Leo will be able to get a deal with large upfront payment for B-OM. Once the cash concern is resolved, the stock will fly. I know what I said isn’t popular here, so fire away.
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