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Sucked in 25K shares of VNDA @ .84
Author Thread
BRIGGS
Posts: 53275
Alba Posts: 7
Joined: 7/30/2002
Member: #303
7/28/2008  3:47 PM
The company has 2.50 in cash even if they cease business operations
RIP Crushalot😞
AUTOADVERT
VDesai
Posts: 42816
Alba Posts: 44
Joined: 10/28/2003
Member: #477
USA
7/28/2008  5:04 PM
Under the capital available to the company today, it would not be able to conduct both the additional efficacy study and the additional safety exposures, Polymeropoulos said.

The CEO said Vanda will have to examine a number of options, including potential partnerships and assets to divest, but it will first establish further clarity with the FDA regarding the non-approvable letter.


Any hopes of finding a partner here? Situation sounds pretty dire.
Nalod
Posts: 71363
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
7/29/2008  11:47 AM
They'll burn about half of that amount if they want to go back and do two more years of trails. Est. losses this year $3.33, 2.20 next year.

They gonna fold up the tent and dispurse to shareholders or keep on keeping on with the sleeping drugs (one to help sleep, one to help in sleepyness)???

This is a nice story to buy deep value and play it out. This thing really got killed of late. Naturally, it would not hold attraction if everything was honky Dorry!

You got minerals briggy!

[Edited by - Nalod on 29-07-2008 11:51 AM]
Nalod
Posts: 71363
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
7/30/2008  9:52 AM
Briggy,

What is the catalyst for increasing revenue? Sounds like the big drug they were looking for is at least two years out and the other two are minor in comparison.

I see the break up value as you mentioned, and that does not include anything else.

What is the Skinny?
BRIGGS
Posts: 53275
Alba Posts: 7
Joined: 7/30/2002
Member: #303
7/31/2008  2:32 PM
BANG
RIP Crushalot😞
Nalod
Posts: 71363
Alba Posts: 155
Joined: 12/24/2003
Member: #508
USA
7/31/2008  5:45 PM
Nice trade so far. Earnings out in a few days.

What is bang?
Silverfuel
Posts: 31750
Alba Posts: 3
Joined: 6/27/2002
Member: #268
USA
7/31/2008  7:21 PM
Its up to a $. Should I get in on this tomorrow morning or will it stay where it is?
A journey of a thousand miles begins with a single step.
BRIGGS
Posts: 53275
Alba Posts: 7
Joined: 7/30/2002
Member: #303
7/31/2008  9:41 PM
Posted by Nalod:

Nice trade so far. Earnings out in a few days.

What is bang?

bang is .84 to 1.07 and out

Bang=explosion or bank it
RIP Crushalot😞
Sucked in 25K shares of VNDA @ .84

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