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Forum - Enteromedics - ETRM   

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From: alectric (Rep: 171) reply to efbaileyDate: 01/10/2017 20:40
Forum: Enteromedics - Msg #1260Thread #673898456 (Rec: 0)
Re: SEC filing yesterday, pricing the units at $3.97 (1 share and 1 warrant)....that's been my experience too. Granted, ETRM was oversold, given the tech was worth more that $3M, where the stock bottomed, but this company has blown through $300M developing the product, and can only come up with $400k in revs after 2 years on the market. BSDM had much brighter prospects, did a 1:10, shrinking the float to a little over 2M and never had a run.



Reply to efbailey - Msg #2655572 - 01/10/2017 20:36

Re: SEC filing yesterday, pricing the units at $3.97 (1 share and 1 warrant). Wh...

everyone i relate to on Twitter said no borrows, historically when trash runs like all these recent ones without any real news it usually signals a top in markets is soon.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser alectric: Reward | Watch | IgnoreETRM: Ignore

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