Kiwi, that's a fair response. Bill is getting more stock options however, he knew he would have more when needed. If he's building a house or sending two kids to college, buying a boat...he needs money like the rest of us.
The lack of selling by the rest of the board is positive.
dam it kiwi! no level headedness here! :-) no, i think seeing how we moved from down south, sheridan probably wanted to buy a house and plant some roots in north carolina…i hope.
it's either that, or more silk suits…:-)
To be fair, Dr Sheridan just SOLD a similar amount (about half his total shares). Of course, one never knows what he has going on in his personal life that might have necessitated a large injection of cash – never-the-less, this was as 'negative' as Cohen's buy was 'positive.'
…and furthermore me2, opus 1 was for 4 weeks. opus 2 is a crossover study for 4 weeks then washout followed by another 4 weeks. the possibility of a SAE is very low…so, if the shorts want to wait another 6 months i say- go for it...
i can see your theory, but that's a long time for a short to wait. leading to significant "exposure".
12/31/2014 10,575,643 1,118,183 9.457882
12/15/2014 10,196,201 879,522 11.592889
11/28/2014 10,255,558 721,643 14.211401
11/14/2014 10,145,918 839,088 12.091602
10/31/2014 10,231,969 1,086,127 9.420601
10/15/2014 10,174,009 2,660,122 3.824640
9/30/2014 9,980,936 1,032,858 9.663415
9/15/2014 9,099,385 900,921 10.100092
8/29/2014 8,781,607 844,514 10.398415
8/15/2014 8,794,138 1,852,720 4.746609
7/31/2014 8,268,382 846,874 9.763415
7/15/2014 7,901,378 873,995 9.040530
6/30/2014 5,649,033 2,162,546 2.612214
as you can see, starting in mid-summer, after JPM gave us the 20 target, the shorts just piled in. the short momentum just carried on to the PFUDA date. there isn't a person here (long) that thought P would get approved, and have a stockpile of the drug in distributors hands christmas week. as time goes on, the algos just keep piling on, and any "unforeseen" event would send quite a shock to the PPS. which by the way, is why tutes keep buying it, probably to lend it out later, at a premium...
Being on the outside of late allows for a fresh perspective of what Stoney actually has done with / for / to BCRX. When he laid out the plan last spring that Rapivab and 4430 were nothing but fund drivers and that HAE was everything, he based the company on those results. That explains current price action and why flu and ebola hype fall on deaf ears.
What do the shorts see? Well, the gamble in all or nothing is that taking so much of a drug per day (2 pills, 3 times a day) (even though it works) that there will be an adverse reaction. When it comes to small molecules, (after that Baxter debacle a couple of years ago) just one reaction will get a clinical hold from the FDA. On a longer term study, the odds favor a problem even if it isn't from 4161. If the first gen fails, there will probably still have to be dilution to get the seconds to bat. That's the gamble and some hedge funds are taking that bet.
Sentiment: Strong Buy
VERY ROUGH numbers
total shares - 72 million.
tute ownership (nasdaq nos.) 56, 770,694 add 1,529,847 from wellington just filed, =58,300,541
insiders - 4,022,000
short interest - 12/30 10,575,643 since 12/30 add approx. (from shortvolume dot c*m) 1,000,000est.
hmmmmmm that's close to 2 million over total shares, and leaves out retail all together…
so yeah, go ahead and keep shorting…stoney has a surprise for ya, IMO...
Walking down on the street during moon light selling donkey on red area in Vegas . It is legal . Flea no charge
Ok. good deal. where is that info. link.
I wonder why the stock is down 25% since this summer going into this approval and commercialization? Really. Chart looks like it may turn .. so who knows.
actually the number of distributors has risen to 5.
ASD Healthcare 1-800-746-6273
Besse Medical 1-800-543-2111
Cardinal Health Specialty Distribution 1-866-677-4844
McKesson Plasma and Biologics, LLC 1-877-625-2566
Henry Schein Medical 1-800-772-4346
"They still need a distributor."
"even though it should get done by one of those drug companies and their reps."
find another hobby. your not deceiving anybody here... .
It took 15 minutes to process it husky. No deception was intended. They still need a distributor., even though it should get done by one of those drug companies and their reps.
right jack. you just try to deceive anybody reading this forum, that's all…nobody here believes a word you say, because you lie, distort the truth, and somehow that's ok with you and your current position. PLEASE FOR THE LOVE OF GOD AND CONTRY GTFOH.
Husky, I don't try to BS you. That's how I remembered the testing, so I based it on straight division of the $2250 cost for a full course of 3,000mg, divided by 10 and then took 40% off for a distributor and the ER Center margins. This is a big change in pricing model. I guess most patients won't ask the price, but that's still a hell of a lot of money for a flu shot.