Seeking Alpha
  • Stanford Chemist
    Added $ADMP at 4.695
    Jun 26, 10:27 AM
    Reply (18)
    • James W. Burke: Added at 4.68 - reaction to the registration is way overdone IMO.
      Jun 26, 11:11 AM
    • valuefinder: should recover in next few weeks imo
      Jun 26, 11:14 AM
    • gregoriodulce: This has been going on for weeks now. Drifting downward - no end in sight.
      Jun 26, 11:20 AM
    • Stanford Chemist: Of course it falls 4% right after I buy it ... sorry guys.
      Jun 26, 11:34 AM
    • homerun: Then I need to apologize as well SC.
      Jun 26, 12:09 PM
    • homerun: bought at 5...
      Jun 26, 12:09 PM
    • JMattius: How is this an overreaction to their ability to dilute shareholders into oblivion? They could dilute at a huge discount any time now.
      Jun 26, 12:20 PM
    • James W. Burke: JM, the shelf is not an offering of shares. Means they could sell in the future if they need to. Allows them to control price and amount.
      Jun 26, 12:37 PM
    • JMattius: Why would they put a shelf in and not use it? They have very little cash and no products to sell yet. Not a gamble I'm going to take.
      Jun 26, 12:45 PM
    • James W. Burke: The shelf is like insurance - allows them to sell an amount at a price they choose when/if the need arises. They have enough cash for '14
      Jun 26, 1:05 PM
    • James W. Burke: Contact IR for concerns you may have for cash on hand being enough to fund what they have stated for the rest of the year.
      Jun 26, 1:07 PM
    • JMattius: IR will never give an honest answer. They need our money to fund their operation. Who would admit to an imminent dilution when asked?
      Jun 26, 1:52 PM
    • James W. Burke: If you believe IR is being dishonest, then move on to a new investment. That's what I would do if I really believed IR was dishonest.
      Jun 26, 1:57 PM
    • James W. Burke: End of March $5.4M - 250K/mnth burn, $500K APC5000 POC, $1.1M for EPI file - leaves enough to start APC1000 Ph3 by year end as they stated.
      Jun 26, 2:00 PM
    • homerun: JM, if they wanted to dilute "imminently" , they wouldn't have filed a shelf. Very low cash burn for the rest of 2014 with catalysts...
      Jun 26, 2:49 PM
    • homerun: Today's price could mean the sellers are finally getting a little tired. It would be good to see $ADMP close in the green.
      Jun 26, 3:00 PM
    • homerun: Today's price action that is...
      Jun 26, 3:04 PM
    • JMattius: Best of luck to you guys. I made a few dollars and can always re-enter. Just have my money at use elsewhere.
      Jun 26, 3:33 PM