[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Scott R. Grossman @srg444 on x 2462 followers
Created: 2025-07-22 02:37:13 UTC
I question this...in my judgment the stock is exactly here because of the balance sheet risk. But it has $850+MM cash, a ~12MM position in $ARWR, against a $1.1BN bull-mkt converts not due for another X yrs. It will definitely burn if it doesn't make add'l adj, but that seems extremely likely (furlough, marketing redux). Plenty of time to monetize assets, including the rights to ARWR. Priced as if you're getting paid to own everything ex PMO. Float turned XXX% this week. Shorts near ath. Converts banging the shit out of the stock to delta hedge. If mgmt takes over the narrative, it's not DOA.
XXXXX engagements
Related Topics $11bn $850mm balance sheet $arwr