scPharmaceuticals Inc. SCPH

Wow, that’s freaking dirt cheap. The one year Target was $15

How insane.

Would love for someone to make sense of this for me

Multiple large pharmaceutical companies looking at acquiring , once auto injector submitted to FDA, it’s just a matter of time to profitability and the deal they are looking for to sell

Plenty of time to raise more money, sales growth is very strong and getting stronger.

Submitted pen for FDA approval
Release Q3 earning

Raise money well about our current $5ISH SP

The fact they have not don’t dilutive financing before the earnings call at $5.80 is a good sign. To me, it shows extremely high confidence in getting their auto injector submitted to the FDA next month, where upon doing so share price of skyrocket, and they will likely raise some money at a much higher SP

They have time to raise money at the right valuation

Wondering if there is some type of partnership or sellout coming with FDA submission?

Aug 2024 they raised money right before the earnings call I believe. Not this year, and they need to.

Stock price hit $5.84 recently and seems to have been a good spot to raise capital, but they didn’t

They probably need about $75-$100m to get them to FDA approval and start to break even, need to support another 3-4 quarters to be safe

They had to know with the FDA delay in submission LY they were going to need to raise money to get to break even, but they have not.

Something is not adding up in my mind, but with dragging their feet this long on cash they must be extremely confident in FDA submission and approval, and sales are going pretty good, cash raise or partnership is a absolute must , ASAP….

From what I see they are going to need to raise money as they have little to support about 2 more quarters. I’d guess they need to raise enough to support another year to be safe. I’m calculating that means about 25% dilution at $5 raise share price?

Any other thoughts on cash burn and run way?

Great quarter, Q 3 seems like it is ramping up even better. Long runway here, loving it!

Breaking $6 today!!?

We already surpassed our average daily volume one hour into trading, nice surge on very strong trading!!!

Nice jump on the open today, feels like someone knows they are going to submit for FDA approval for the pen dispenser and or sales have shot through the roof this quarter!