Omeros (OMER) is proving to be an exciting stock. I have been following it closely since a round of insider buying after OMS103 failed to meet its primary endpoint for the second time in Phase 3 trials. While the price would probably be higher if the product had unequivocally been successful, I would not have become a shareholder. It is enjoyable to own a company with several products, some of which should have near term events.
The company's current market capitalization is approximately $141M. It may be unpalatably volatile for some. There are reasons for the instability, including the fact that external financing arrangements are necessary to pay the bills. The precariousness is supported by a...
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