Clearside Biomedi (CLSD)

$0.32 -0.03 (-8.61%)
Market Cap 26.06M
Revenue (ttm) 1.66M
Net Income (ttm) -34.35M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -2,069.28%
Debt to Equity Ratio 0.00
Volume 1,351,424
Avg Vol 5,568,396
Day's Range N/A - N/A
Shares Out 78.51M
Stochastic %K 52%
Beta 2.11
Analysts Sell
Price Target $4.00

Company Profile

Clearside Biomedical, Inc., a biopharmaceutical company, focuses on the revolutionizing the delivery of therapies to the back of the eye through the suprachoroidal space. The company offers XIPERE, a triamcinolone acetonide injectable suspension for the treatment of macular edema associated with uveitis. It also develops CLS-AX, an axitinib injectable suspension for suprachoroidal injection, which has completed Phase 2 clinical trial to treat wet AMD. The company has a collaboration with bausch...

Industry: Biotechnology
Sector: Healthcare
Phone: 678 270 3631
Fax: 678 270 4033
Address:
900 North Point Parkway, Suite 200, Alpharetta, United States
SQUEAKSBANDIT
SQUEAKSBANDIT May. 7 at 4:08 PM
$CLSD I haven't been around nearly as long as many of you guys but does anyone think what happened here borders on the criminal ?
2 · Reply
rando321456
rando321456 May. 4 at 7:52 AM
$CLSD It's gonna be super annoying when Xipere is 10-15% of steroid injections in the eye due to the IOP advantages. https://eyesoneyecare.com/resources/unlocking-the-potential-of-suprachoroidal-space/
0 · Reply
buyandsold
buyandsold May. 3 at 12:05 AM
$CLSD the new bear case is Steel Partners merges in a portfolio company on unfavorable terms to Class A, and your 70% economic interest in a hollowed-out shell is worth pennies. The Steel Connect parallel plays out.
1 · Reply
buyandsold
buyandsold May. 2 at 11:10 PM
$CLSD The plan language is explicit: Sale Proceeds fund Bankruptcy Expenses first, and then any remainder is retained by the Reorganized Debtor — not distributed to Class A shareholders. So if there's $2M left over after all the fees and settlements are paid, that money sits inside the reorganized company, on the balance sheet, under Steel Partners' effective control via their 80% voting power and board dominance. The only cash that flows directly to existing shareholders is whatever scraps remain in the $1M Claims Reserve — and that's Steel Partners' own money being recycled, not proceeds from our assets being sold.
1 · Reply
buyandsold
buyandsold May. 2 at 6:44 PM
$CLSD What Steel Partners did at Steel Connect: They issued themselves 16% of the company in convertible preferred stock in 2017, then later tried to take the company private with lowball offers while minority shareholders argued the company's $2.X billion in NOLs were being drastically undervalued. (Specialsituationinvestments) This led to a lawsuit — Reith v. Lichtenstein — alleging breach of fiduciary duty and unjust enrichment in connection with the issuance of $35 million in Series C Convertible Preferred Stock to Steel Partners affiliates. (sec) It ultimately settled for $6 million, with Steel Partners and its affiliates waiving their right to any portion of that distribution (Investing.com) — an implicit acknowledgment that minority shareholders had been harmed. The NOL parallel is striking. The Steel Connect playbook was: get control of a company with massive NOLs, use them for your own benefit, and give minority shareholders as little as possible.
1 · Reply
buyandsold
buyandsold May. 2 at 2:53 PM
$CLSD Steel Partners shafted me on my Steel Connect play. I am not optimistic with these guys!
0 · Reply
rando321456
rando321456 Apr. 30 at 4:54 AM
$CLSD lmao they're actually reorging, though I don't think the resulting entity will own any of Clearside's assets outside of the tax attributes, hopefully whoever has any shares gets a dollar or two here.
2 · Reply
OfficialStocktwitsUser
OfficialStocktwitsUser Apr. 29 at 1:08 PM
$CLSD RSI: 51.61, MACD: -0.0499 Vol: 0.04, MA20: 0.29, MA50: 0.47 ⚪ HOLD - Sideways 👉 https://quantumstockalerts.com Disclaimer: I am not a financial advisor. This post reflects personal analysis and opinions only. Please do your own research before investing or trading.
0 · Reply
OpendoorLambo
OpendoorLambo Apr. 28 at 5:11 PM
$CLSD why don't this terd float? its a sinker
0 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 28 at 5:02 PM
$CLSD has anyone tried to place a buy or a sell today? did you have to call up?
0 · Reply
Latest News on CLSD
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SQUEAKSBANDIT
SQUEAKSBANDIT May. 7 at 4:08 PM
$CLSD I haven't been around nearly as long as many of you guys but does anyone think what happened here borders on the criminal ?
2 · Reply
rando321456
rando321456 May. 4 at 7:52 AM
$CLSD It's gonna be super annoying when Xipere is 10-15% of steroid injections in the eye due to the IOP advantages. https://eyesoneyecare.com/resources/unlocking-the-potential-of-suprachoroidal-space/
0 · Reply
buyandsold
buyandsold May. 3 at 12:05 AM
$CLSD the new bear case is Steel Partners merges in a portfolio company on unfavorable terms to Class A, and your 70% economic interest in a hollowed-out shell is worth pennies. The Steel Connect parallel plays out.
1 · Reply
buyandsold
buyandsold May. 2 at 11:10 PM
$CLSD The plan language is explicit: Sale Proceeds fund Bankruptcy Expenses first, and then any remainder is retained by the Reorganized Debtor — not distributed to Class A shareholders. So if there's $2M left over after all the fees and settlements are paid, that money sits inside the reorganized company, on the balance sheet, under Steel Partners' effective control via their 80% voting power and board dominance. The only cash that flows directly to existing shareholders is whatever scraps remain in the $1M Claims Reserve — and that's Steel Partners' own money being recycled, not proceeds from our assets being sold.
1 · Reply
buyandsold
buyandsold May. 2 at 6:44 PM
$CLSD What Steel Partners did at Steel Connect: They issued themselves 16% of the company in convertible preferred stock in 2017, then later tried to take the company private with lowball offers while minority shareholders argued the company's $2.X billion in NOLs were being drastically undervalued. (Specialsituationinvestments) This led to a lawsuit — Reith v. Lichtenstein — alleging breach of fiduciary duty and unjust enrichment in connection with the issuance of $35 million in Series C Convertible Preferred Stock to Steel Partners affiliates. (sec) It ultimately settled for $6 million, with Steel Partners and its affiliates waiving their right to any portion of that distribution (Investing.com) — an implicit acknowledgment that minority shareholders had been harmed. The NOL parallel is striking. The Steel Connect playbook was: get control of a company with massive NOLs, use them for your own benefit, and give minority shareholders as little as possible.
1 · Reply
buyandsold
buyandsold May. 2 at 2:53 PM
$CLSD Steel Partners shafted me on my Steel Connect play. I am not optimistic with these guys!
0 · Reply
rando321456
rando321456 Apr. 30 at 4:54 AM
$CLSD lmao they're actually reorging, though I don't think the resulting entity will own any of Clearside's assets outside of the tax attributes, hopefully whoever has any shares gets a dollar or two here.
2 · Reply
OfficialStocktwitsUser
OfficialStocktwitsUser Apr. 29 at 1:08 PM
$CLSD RSI: 51.61, MACD: -0.0499 Vol: 0.04, MA20: 0.29, MA50: 0.47 ⚪ HOLD - Sideways 👉 https://quantumstockalerts.com Disclaimer: I am not a financial advisor. This post reflects personal analysis and opinions only. Please do your own research before investing or trading.
0 · Reply
OpendoorLambo
OpendoorLambo Apr. 28 at 5:11 PM
$CLSD why don't this terd float? its a sinker
0 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 28 at 5:02 PM
$CLSD has anyone tried to place a buy or a sell today? did you have to call up?
0 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 28 at 1:27 PM
$CLSD https://www.otcmarkets.com/stock/CLSDQ/overview Warning! This security is eligible for Unsolicited Quotes Only This stock is not eligible for proprietary broker-dealer quotations. All quotes in this stock reflect unsolicited customer orders. Unsolicited-Only stocks have a higher risk of wider spreads, increased volatility, and price dislocations. Investors may have difficulty selling this stock. An initial review by a broker-dealer under SEC Rule15c2-11 is required for brokers to publish competing quotes and provide continuous market making. Warning! This security is traded on the Expert Market The Expert Market® serves broker-dealer pricing and investor best execution needs. Quotations in Expert Market securities are restricted from public viewing. OTC Markets Group may designate securities for quoting on the Expert Market when it is not able to confirm that the company is making current information publicly available under SEC Rule 15c2-11, or when the security is otherwise restricted from public
1 · Reply
wishpotion
wishpotion Apr. 28 at 1:00 PM
$CLSD Did everyone sell before transfer to the next market has happened, or are there still some hold & wait till the end freaks like me left ?
3 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 27 at 7:38 PM
$CLSD approx 22 minutes left on the pinks ssuming there is no last minute reprieve kinda quiet
1 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 23 at 6:23 PM
$CLSD anyone take the opportunity to sell some? buy some? the dockets invariably read .... clearside responsible for $$$$$$$ to lawyer/consultant/etc for past services rendered nothing positive
0 · Reply
buyandsold
buyandsold Apr. 23 at 6:22 PM
$CLSD fun while it lasted
0 · Reply
liquidx_rs3
liquidx_rs3 Apr. 23 at 3:18 PM
$CLSD Reason for this up move?
2 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 22 at 7:41 PM
$CLSD looks like they incurred another million 4 in expenses just for march and the tab is still running apr may who knows….. https://document.epiq11.com/document/getdocumentbycode?docId=4572242&projectCode=CLX&source=DM
1 · Reply
Stash_Cash
Stash_Cash Apr. 22 at 6:05 PM
$CLSD who is closing out their position & Who is keeping their shares?
1 · Reply
liquidx_rs3
liquidx_rs3 Apr. 22 at 1:35 PM
$CLSD When will be last day of trading this stock on OTC market? Is it fixed to be on 27th April?
1 · Reply
buyandsold
buyandsold Apr. 21 at 11:32 PM
$CLSD i came to hate the word docket
0 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 21 at 2:11 PM
$CLSD all this time, what the heck is going on? they continue to run the tab with the attorneys? is george et al exploring a last minute scenario where they can acquire some of the assets for next to nothing? and leave shareholders with a ZERO distribution? such an epic waste of time, energy, manpower and resources the most recent filing shows a hearing may 20th??? a month away? am I missing something ?
2 · Reply
SQUEAKSBANDIT
SQUEAKSBANDIT Apr. 18 at 3:06 PM
$CLSD https://www.otcmarkets.com/stock/CLSDQ/quote#trade-data i'm no "expert" but it appears as if $CLSDQ may be delisted to the expert market in a little over a weeks time way worse than the "pink limited" market where we are now listed there is next to zero liquidity most retail investors are barred from participating research it for yourself No public quotation visibility for retail investors. Trading limited to broker‑dealers, institutional investors, and qualified market participants. Quotations are unsolicited and used for private transactions between professionals . Effective since September 28, 2021, replacing the former “No Information” . Eligibility Quote Eligibility Proprietary Quote Eligible (PQE) PQE Reason Piggyback Qualified - Grace Period Grace Period Grace Period Yes, Last Day of Grace Period: 04/27/2026 Overnight Trading Eligible No
1 · Reply