The FDA saying no, unexpectedly, nearly got them to go broke. Because they geared up for big sales. One can look around (original IPO), multiple manufacturing sites, projected market to 'guess' what they think the market is.
Oddly, LDX appears to be in better shape today then when the IPO'ed at $1.20 and share rocketed on day one. My first buy in was $1.26 (dont be sad for me, my overall average is 8.5 cents). So I believed the hype. I still do. And I love being with a company that will SAVE THE WORLD re anitbiotic resistance.
The FDA saying no, unexpectedly, nearly got them to go broke....
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