Mon 10/22/2018 14:47 ET
DJIA25362.9681.380.32%TELCO168.800.240.14%GOLD1225.001.350.11%Shanghai2654.88108.584.09%
S&P 5002759.178.550.31%BANKS436.0010.732.46%OIL69.440.320.46%BITCOIN6476.2133.680.52%
NASDAQ7469.5220.910.28%PHARM575.265.120.89%US/EU1.170.000.26%Futures2760.007.450.27%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Bond Market & USD Collapse (Rigel Pharmaceuticals - RIGL)    Welcome to the Economic Collapse Forum

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add RIGL
  
From: Lowfloatmagic (Rep: 12)Date: 04/18/2018 07:24
Forum: Bond Market & USD Collapse - Msg #196 - List RIGL msgs Thread #674004170 (Rec: 0)
RIGL Drug is for a VERY RARE DISEASE EFFECTS LESS THEN 1000 PEOPLE Company has 145 Million Share Float virtually no revenues Net Income Avi to Common (ttm) -77.99M
Diluted EPS (ttm) -0.62 This company is Burning money faster then a oven

Total Cash (mrq) 115.75M
Total Cash Per Share (mrq) 0.79


Operating Cash Flow (ttm) -77.56M

They will clearly need to raise more money to burn

and seeing that the drug is for a VERY RARE DISEASE That only effects LESS THEN 1000 PEOPLE the market potential is VERY VERY VERY LITTLE Blah market cap seems very bloated here for a company W NO REVENUES

Look for a Secondary stock offering to raise more money to BURN

the rest of the pipeline is a bunch of preclinical stuff SELL THE NEWS

What would you like to do? Message: Endorse | Bookmark | Report AbuseUser Lowfloatmagic: Reward | Watch | IgnoreRIGL: Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add RIGL
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.