News - Crazy volume though | RGLS Message Board Posts


Regulus Therapeutics Inc.

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Msg  852 of 869  at  9/12/2022 2:15:24 PM  by

Steve_382

The following message was updated on 9/12/2022 5:40:36 PM.

 In response to msg 851 by  arthurs1
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Re: News - Crazy volume though

  
 OK, this was pretty much expected on the SAD part. Good that no real safety issues. Now we start the MAD and in 3 months or see perhaps see some efficacy data.
 
Trading 3x the float is nutty though. The StockTwits and Twitter guys are just trading shares back and forth with each other.
 
I am assuming that HC Wainwright likely sold enough shares today from the recent 424B5 filing to cover the $13.5m amount and maybe we now have enough cash for a few more quarters even though it dilutes the current value a bit. Oh well, the life of a small biotech investor. 
 


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