Alfred Mann is hanging up the test tube. Replaced by Kent Kresa
What would Bobby Axelrod do? Oh wait he already shorted the sh*t out of this one. Now he is going to see Metalica VIP style.
Alfred Mann is hanging up the test tube. Replaced by Kent Kresa
What would Bobby Axelrod do? Oh wait he already shorted the sh*t out of this one. Now he is going to see Metalica VIP style.
We agree to disagree about what Sanofi could or couldn't do. They breached their agreement and Al Mann has deep pockets and would sue their fools off and I still think they will.
Sanofi has sandbagged way too many companies, I think AMGEN is coming in as a partner of sorts. Matt doesn't seem worried about cash at all so something is up. It could be fast EU approvals with upfront cash and they have already done their first TS deal with 100 mil in upcoming milestones. Everyone said TS was dead, apparently not. I say they have enough cash until the end of this year to figure it all out if you include the line of credit they have access too.
I think worst case is they sell the whole company for $5-$10 a share and that's worst case. Most of us have averaged down and would still make money at that share price.
We agree to disagree about what Sanofi could or couldn't do. They breached their agreement and Al Mann has deep pockets and would sue their fools off and I still think they will.
Sanofi has sandbagged way too many companies, I think AMGEN is coming in as a partner of sorts. Matt doesn't seem worried about cash at all so something is up. It could be fast EU approvals with upfront cash and they have already done their first TS deal with 100 mil in upcoming milestones. Everyone said TS was dead, apparently not. I say they have enough cash until the end of this year to figure it all out if you include the line of credit they have access too.
I think worst case is they sell the whole company for $5-$10 a share and that's worst case. Most of us have averaged down and would still make money at that share price.
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