Easy buy right here under 2. Do the basic math of shares, cash, and debt. Then look at drugs in the pipeline. 4 dollars minimum.
D
They have cash and pipelines to last another 1-2 years: "In connection with this development, Spero announced that it is undertaking a reduction in its workforce by approximately 75% and a restructuring of its operations to reduce operating costs and reallocate resources towards the clinical development programs of SPR720 and SPR206, while continuing engagement with the FDA on the appropriate path forward for tebipenem HBr. Based on the anticipated cost-savings of this restructuring and other assumptions, Spero anticipates it will be able to fund its planned operating expenses and capital expenditure requirements pursuant to the priorities of its strategic refocusing through late 2023".....
T
Red to green soon ….. still holding this one ….. midday spike coming ….. $3 written all over it …..
T
SPRO "Please buy our company." Buyer "How much?" SPRO "No cost to you. We'll actually pay you over $100 million in cash for the transaction." Buyer "Is this a scam?" SPRO "No, it's just the irrational nature of the stock market. To note, this offer may not be around for long."
T
Calling large pharma companies. You can buy a company trading at less than cash and also grab all of their IP.
Understand investors must be frustrated but this is quite insane. You could put an offer in for the entire company at $3 per share or double current price in the premarket, shut the doors and pocket close to $10 million in cash. 😂
S
Ok took gamble and only brought a 1000 at $1.57 in pre market let’s see how much money I’m about to lose
D
"In connection with this development, Spero announced that it is undertaking a reduction in its workforce by approximately 75% and a restructuring of its operations to reduce operating costs and reallocate resources towards the clinical development programs of SPR720 and SPR206, while continuing engagement with the FDA on the appropriate path forward for tebipenem HBr. Based on the anticipated cost-savings of this restructuring and other assumptions, Spero anticipates it will be able to fund its planned operating expenses and capital expenditure requirements pursuant to the priorities of its strategic refocusing through late 2023.".....
T
They have $146 million cash on hand and current value in the premarket is $46 million?. Wow, this seems way overcooked on the downside...
S
Oh boy should I buy why it’s under $2 is the question
O
Today less than a 1 dollar
p
Thanks dude have just contacted her.
D
I wonder what the future of tebipenem is now? I can't really decipher from the info they provide. That was the reason i bought this stock in the first place. I think a big pharma like PFE will buy them out but don't see a big premium buyout offer making sense at this point.
T
seems the resistance is building at $2.14 range..... still looking at $3 exit.....
D
4 $ in 1 Year.
D
$3 by Tuesday. Above average volume with steady gains at the end of last week. Cash rich, low float, buyout possibility.
F
Hi group , I’m thinking about jumping in head first on this one soley for FDA approval - anyone have any thoughts on FDA ?????
T
4 dollars AH seems possible for this stock ….. could even reach 5
s
I listened to presentation after new restructuring. I does not look like SPRO is worth 1/3 of cash. Very bullish BTW
T
50 cents
D
Company update on business Monday, May 16th. Sale coming? Time to buy more.
"In connection with this development, Spero announced that it is undertaking a reduction in its workforce by approximately 75% and a restructuring of its operations to reduce operating costs and reallocate resources towards the clinical development programs of SPR720 and SPR206, while continuing engagement with the FDA on the appropriate path forward for tebipenem HBr. Based on the anticipated cost-savings of this restructuring and other assumptions, Spero anticipates it will be able to fund its planned operating expenses and capital expenditure requirements pursuant to the priorities of its strategic refocusing through late 2023".....
Buyer "How much?"
SPRO "No cost to you. We'll actually pay you over $100 million in cash for the transaction."
Buyer "Is this a scam?"
SPRO "No, it's just the irrational nature of the stock market. To note, this offer may not be around for long."
Understand investors must be frustrated but this is quite insane. You could put an offer in for the entire company at $3 per share or double current price in the premarket, shut the doors and pocket close to $10 million in cash. 😂