Jul. 6 at 12:13 PM
$NRSN I really want to see their earnings report, I feel like they have beaten their ATM to death these past two quarters to cover their operating expenses
I do not think there is any left large amounts in the tank, in January they announced
$6.25 million ATM program, realistically by Q3 this should be gone if each quarter is around
$2.5 million historically.
If they announce another bridge type financing, we are kind of fucked.
If they don’t, I would infer the partner, buyout or some strategic development is near the corner
They need the financing news, otherwise this is going to R/S and lose all its credibility. I know Alon loves jumping the gun, but he’s been fairly quiet this time around