Project BioShield provides a mechanism for the federal government to define the minimum value
of the government market for a medical countermeasure under development. The HHS Secretary
may contract to purchase a product up to 10 years before it is reasonably expected to be delivered
to the SNS.
These contracts specify the amount and price of the countermeasure that the
government will buy if the developer successfully develops the product. Thus, these contracts
define the minimum economic value to the company of a successfully developed product. The
developers might be able to market products to other entities to increase the countermeasure’s
economic value above that of the Project BioShield contract.
it must be. I just checked volume on Friday of 3 other stocks added to the Russel Index Global (chosen at random), each showed volume ~2-10x normal trading volume in after hours trading. GSAT, CLCT, SABR for reference.
Could it have to do with the finalization of the reconstitution of the Russel indexes? June 27 (Friday) was the day it occurred, could that be why? Looks like we were added to the Russell Global and Russell 3000...
nope, not a word.
no one will be able to give you a definitive answer. other than - tutees had huge gains and tutees see more to come...
but i wonder, what if i was CEO, and there was an offer on the table, but no where near what the company is worth, what would i do? i'd give the old "wink and a nod" to my best investors.
we need to get to analysts consensus before we're anywhere near what we're worth...
Amazing that still, no one can explain the massive volume event last Friday afternoon. I thought you shap tacks would have nailed it by now. Has our big toe weighed in yet?
It was added then removed in 2007 and just recently made the possible re-addition list
The smell is burning rubber of a race car spinning its tires sitting on the starting line waiting for a green light.
Come on boys....what's the announcement?.
no "dump" here...no sir...
and i was sooo looking froward to jack telling us that millions of shares traded hands because of a few posts on a message board....darn.
Birmingham, Alabama - June 29, 2004 - BioCryst Pharmaceuticals, Inc. (Nasdaq NM: BCRX) announced today that it had been added to the Russell 3000® Index effective at the close of the market on June 25, 2004. Membership in the Russell 3000 means automatic inclusion for BioCryst in the small-cap Russell 2000® Index.
"We are pleased to have been included in the Russell 3000® Index as part of the 2004 reconstitution," said Charles E. Bugg, Ph.D., Chairman and Chief Executive Officer of BioCryst. "The inclusion in the index further indicates the investment community is recognizing the progress we have made in our development programs during the past year."