extractoi
2023-01-06

I’m a holder of BLPH since the 4s. Albeit not many shares but enough. They burned 11mil this last quarter and they have 11mil on the books so that gives them one more quarter. They need to reach Q3 2023 for p3 readout. The upfront 5 mil today doesn’t do much so I suspect a capital raise coming. (Dilution). Shorts will wait for this to settle then short it until getting close to p3. It will be interesting to see how much the 5% royalty in china brings in. That hopefully will be a game changer.$Bellerophon Therapeutics(BLPH)$

US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
27