Jun. 30 at 9:36 PM
$OMER when omeros announced buying of the convertibles, i was sure major cashflow is coming in. But then Greg wa asked in ASM and he just noted that its basic debt managment an they believe they can re-finance it later if cash needed. He was also asked if Yart is following positive growth trajectory to which he seemed uncomfortable, although he did say yes. Super annoying 😩
Anyways, each quarter will now include a sales catalyst, and what excites me as well is selection of oms1029 indication and starting phase 2. If a good one, it can easily pump the shares by a few dollars.
Finally, Im not sure how Q2 sales will turn out, but what really matters is the period after the J-code and, hopefully, NTAP. In Q2 review, If July and August sales are strong, Greg could smoke the shorts by stating that first-half Q3 sales are exceeding expectations and accelerating the growth trajectory. Knowing Greg, though, he’ll probably just keep it to himself and not give an F about keeping us up to date.
