SNSS - Sunesis Pharmaceuticals Inc. - Page 14

but that will dilute the stcok rt?

That's the way I see it.

Maybe it can be sold as restricted shares .....hell I don't know....I had high hopes on this one and now Im scratching my head. At least or PPS is back up to 98cents

Subject to Completion, dated April 29, 2010

The information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.

PROSPECTUS

LOGO

$60,000,000

Common Stock

Warrants

Units

From time to time, we may offer up to $60,000,000 of any combination of the securities described in this prospectus, either individually or in units. We may also offer common stock upon the exercise of warrants.

We will provide the specific terms of these offerings and securities in one or more supplements to this prospectus. We may also authorize one or more free writing prospectuses to be provided to you in connection with these offerings. The prospectus supplement and any related free writing prospectus may also add, update or change information contained in this prospectus. You should carefully read this prospectus, the applicable prospectus supplement and any related free writing prospectus, as well as any documents incorporated by reference, before buying any of the securities being offered.

Our common stock is listed on The NASDAQ Capital Market under the symbol “SNSS.” The last reported sale price of our common stock on April 27, 2010 was $1.15 per share. The applicable prospectus supplement will contain information, where applicable, as to any other listing, if any, on The NASDAQ Capital Market or any securities market or other exchange of the securities covered by the applicable prospectus supplement.

Investing in our securities involves a high degree of risk. You should review carefully the risks and uncertainties described under the heading “ Risk Factors ” contained in the applicable prospectus supplement and any related free writing prospectus, and under similar headings in the other documents that are incorporated by reference into this prospectus.

This prospectus may not be used to consummate a sale of any securities unless accompanied by a prospectus supplement.

The securities may be sold directly by us to investors, through agents designated from time to time or to or through underwriters or dealers, on a continuous or delayed basis. For additional information on the methods of sale, you should refer to the section entitled “Plan of Distribution” in this prospectus. If any agents or underwriters are involved in the sale of any securities with respect to which this prospectus is being delivered, the names of such agents or underwriters and any applicable fees, commissions, discounts and over-allotment options will be set forth in a prospectus supplement. The price to the public of such securities and the net proceeds that we expect to receive from such sale will also be set forth in a prospectus supplement.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

well Im guessing everyone got there ass kicked today seeing ass no one has made a post in hrs.

kinda sore over here personally, a few bad posns to work out of, but fortunately the windfall from the other plays netter to major green today.

Stopped out here this morning.

stopped out @.97. So glad I only had a very small position, otherwise, it would have been a disaster.

I'm in the "disaster" area on this one. I'll be seeing if I can any light at the end of this. I have to spend a few hours to see what I can find....looks like crap rt now

This might help the stock....

Sunesis Pharmaceuticals Q1 net loss down
Sunesis Pharmaceuticals, a biopharmaceutical company, has reported a net loss of $4.65 million or $0.11 per share, for the first quarter ended March 31, 2010, compared to a net loss of $8.36 million or $0.24 per share, for the first quarter ended March 31, 2009.


http://www.tradingmarkets.com/news/s...wn-950800.html

whew...kind of glad my funds weren't settled or I'd be in this too...the one time it actually helped me..

You think the stock's total loss or is there money to be made in the "long" term? (1-2 months)

Personally, I feel its a good play....reason -
SNSS is another ASCO Conference run-up play. Its drug Voreloxin is going to be featured in three presentations.

I got stuck holding the bag on this on (in at $1.10) but I will avg down b4 I dump this for a loss...they are bustting ass to make this a big player. Well that's what i got from my DD.

It will...and it did. But NOT at $1.02!! FML

I didn't get killed though.

These CEO's suck

will this thing see $1.00 again (stupid CEO's or not)? Chart isn't looking to great but the high 80's might have been the bottom.....I just don't know.....whats your thoughts Jaz

imo this thing will break 1.00 again

it will reach a 1$ again in 1-2 months... I am guesstimating......

right at the support line...nice spike on monday?