damn - just announced a secondary.... | CALA Message Board Posts

Calithera Biosciences, Inc.

  CALA website
  • Reminder to Premium Members: To enjoy full site functionality & avoid the bugs currently affecting recommend, delete & other features on our "www" pages, please log in to your premium accounts at https://premium.investorvillage.com If you need assistance, don't hesitate to contact customer support any time. That's a big part of what you pay for, after all!  


CALA   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  2663 of 2686  at  6/19/2019 11:06:35 AM  by

wilderguide

The following message was updated on 6/19/2019 11:13:03 AM.

 In response to msg 2662 by  hachibahn
view thread

Re: damn - just announced a secondary....

Don't despair too badly here and sell your position at these depressed levels. Most pre-commercial biotech is like buying a pig in a poke, and there is always the recurring doubt the company will even survive the drug development game to produce a positive balance sheet. No doubt it's a setback, but it's not like we got blindsided by a dozen Grade 5 AEs. In a changing Megamarket environment to include the uncertainties of an election year, a trade war, and a pending recession... seems like Susan wanted to get the offering out of the way as quickly as possible. With a continually rising tide of M&A, I expect the offering will close quickly, and the runner's rewards will also get exercised.
With developmental biotechs, the share price is a nebulous thing, quite arbitrary, in fact - a reflection of future potential that may never realize. Stay tuned. This is where the game truly gets interesting. Remember, Incyte has a considerable chunk of change invested in these guys. If the market cap warrants, they'll buy the cow rather than see the milk go sour.


     e-mail to a friend      printer-friendly     remove from library      
| More
Recs: 1     Views: 161
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

Replies
Msg # Subject Author Recs Date Posted
2664 Re: damn - just announced a secondary.... TaiTienMuyBien 0 6/19/2019 11:14:38 AM
2665 Re: damn - just announced a secondary.... gizmondo123 2 6/19/2019 11:22:26 AM


About Us    Contact Us    Follow Us on Twitter    Members Directory    Help Center    Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
2003-2018 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.


Loading...