Protalix BioTherapeutics, Inc. (DE) (PLX) Social Stream

Protalix BioTherapeutics, Inc. (DE) (PLX): $1.36

0.08 (-5.56%)

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Industry: Biotech




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Featured Post From StockTwits About PLX

$PLX so here’s my layperson view of the market reaction if any person is remotely interested…While they did pay off debt, but this is an eventual event. Did we expect it to go away? They HAVE TO pay it and not any signal IMO. They are prob dealing with it now because they can still leverage on uncertainty to nego extension. Imagine a month down the road and things worsen, think they still can extend half of the notes? They’ll be asked to cough out all the payment. And did we consider they were trying to extend all of it but only manage half because the note holders are simply not confident in their future? When we focus too much on the cup being half-full, we forgot to see what’s in the cup.
Darkelfin, published August 14, 2021

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