trademan1
Long

SPHS Oversold, Filling the Gap, cash/share > share price

NASDAQ:SPHS   SOPHIRIS BIO INC
Sophiris Bio             had a Phase III             drug trial test showing the drug was not effective and the market overreacted. The chart has a cash/share value (mrq) of $1.74, the float is 16.78 Million Shares (note today's volume alone is a large part of that), so with a tiny float, more cash per share on hand than the market price, and upcoming results for new Phase III             results for other products, one can see why people are buying this up right now.
new Phase III data for what products? and when
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KevinTang KevinTang
sorry, wrong post.
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