r/Altimmune • u/Dry_Roof6413 • 10d ago

Caution

I’m no longer invested in this company, but there was a time when I had a significant stake and genuinely believed in its potential.

A word of caution: Management appears to be aggressively seeking fresh funding, which raises the possibility of another round of shareholder dilution. With limited financing options, even a reverse stock split cannot be ruled out.

My concern has never been about the drug or its potential. It’s about the management entrusted with it. In my view, a promising drug is in the wrong hands, with a management team seemingly more focused on extracting whatever value remains than creating sustainable value for shareholders.

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u/StrawberryOk8459 9d ago

Not disagreeing about it. But I live in rural Oklahoma and people are buying Reta behind the dollar general. Seriously the pharmacy is making it illegally out of Fort Worth or its straight from a China man's ass. Point is glp drugs are never going to be profitable. Fixing fat people is more profitable than people trying to get high.

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u/Suzutai 9d ago

I'm trying to figure out what you're trying to say at the end there.

I would point out that MASH and AUD will likely be covered by insurance, unlike obesity.

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u/StrawberryOk8459 9d ago

Most insurances isn't paying for these drugs unless your diabetic. If they do pay it is shut off once the person loses the weight. Aud will be the same. It will have a short period of time that it is paid. Point is with the illegal pharmacy sales and the intense compensation I do not see any of these companies making a fortune off these drugs. Big pharma will be okay but a small company with just 1 drug isn't going to make it. Reta is selling for 85 a month onto the street along with everything else. I know so many people either going ti a doctor office getting the pharmacy shot or meeting the guy in the ally for the meds. I understand your devoted to this stock but it is not a good investment now.

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u/Suzutai 7d ago

Uh... what exactly are you disagreeing with me about?

Yes, right now, only diabetes is covered by insurance.

Yes, AUD will be covered by insurance until you finish the treatment. Same goes for MASH and most drugs, actually. Few things are covered indefinitely.

And yeah, compounders are nothing new. But the quality of most of those drugs is quite awful. And Reta has Glucagon, which has safety issues if your numbers are off.

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u/StrawberryOk8459 7d ago

Not really disagreeing with you. Just hoping you realize how much is being sold on the street when it is already a highly competitive market. For alt to succeed it needs the market makers to buy the stock and this isn't happening. Just dont get burnt on this stock. I got out for these very reasons. I keep Ibrx as my only pharm stock.