Could you really rely on the clinical data coming from outside USA and FDA approving new devices based on questionable data ? Something is wrong here. Does FDA knows that submission data's origin ? Example:
Brutal Underpriced Gem..
Redhill Biopharma (RDHL)
Market Cap: $60 M
Cash: $14.7 M
Burn-rate : ~$10 per Year
Shares Out: 6.3 M ( Management holds over 2.6 M shares )
Float: 4 M
RHB-103 - An oral thin film formulation of rizatriptan, for the treatment of acute migraine, with a U.S. NDA filed and accepted for review by the FDA and a PDUFA date of February 3, 2014.Market Size: Worldwide triptan market for the treatment of migraine exceeds $2 billion*
RHB-102 - A once-daily formulation of ondansetron, for the treatment of chemotherapy and radiotherapy-induced nausea and vomiting, planned for U.S. NDA submission during the first quarter of 2014.Market Size: Worldwide market for serotonin (5-HT3) receptor inhibitors is estimated at $900 million**
RHB-101 - A once-daily formulation of carvedilol, for the treatment of congestive heart failure and high blood pressure, planned to be submitted for a U.S. New Drug Application (NDA) and a Marketing Authorization Application (MAA) in Europe during the second half of 2014.Market Size: Worldwide target market of $500 million**
RHB-105 - A combination therapy for Helicobacter pylori infection, planned to commence a phase II/III trial in the third quarter of 2013.Market Size: U.S. market is estimated at approximately $1-1.5 billion*
RHB-104 - A combination therapy for the treatment of Crohn’s disease, with a phase III clinical study underway.Market Size: Worldwide market exceeded $3.5 billion in 2012
RHB-104 - A combination therapy for the treatment of Multiple Sclerosis (MS), with a Phase IIa proof of concept trial currently underway.Market Size: Worldwide market of over $14 billion*
RHB-104 - A combination therapy for the treatment of Rheumatoid Arthritis, with a planned Phase IIa study.Market Size: Worldwide market of over $20 billion*
RHB-106 - An encapsulated formulation for bowel preparation (laxative) ahead of colonoscopy and other GI procedures.Market Size: Worldwide market is estimated at approximately $1.4 billion
It used to be in the $35 plus stock but fizzled out from there for a very long time. It is perking up but how long is any body's guess. Long term holders of 5k shares of this JUNK. They say its future is brightening up but they are all liers as they lied in micron. Microm this , micron that, micron #$%$. Does any body out there really know what BSX will do?
Your post of "Seven Pillars for success" is one of the best I have ever seen.
You are an EXPERT and not a novice.
We set a new 52 week high today!! Plus we have closed at the highest closing since 26 September 2008.
To beat all the closing prices of 2008 we have to get to $14.11! We are on our way.
Seven Pillars for Success BSX @ 12.35 New High
There is very little overhead supply above $12.50 to $13.00. Any down move here will leed to more buyers.
There are SEVEN PILLARS OF STOCK MARKET PRACTICE necessary for success.
1. Determine whether the market is in a "bear" or "bull" trend.
Then determine further whether it is a major, intermediate, or minor trend.
TRADE WITH THE TREND!
2. Determine which groups of stocks are the strongest.
TRADE IN STRONG GROUPS FOR ADVANCE! TRADE IN WEAK GROUPS FOR DECLINE!
3. Select the strongest stocks in these particular groups.
TRADE IN STRONG STOCKS FOR ADVANCE! TRADE IN WEAK STOCKS FOR DECLINE!
4. BUY ONLY ON REACTIONS-not on advances!
SELL AND SHORT ONLY ON ADVANCES-not on declines!
5. Place a mental or (if you do not watch the tape) actual stop-loss order of two or three points on your trades.
BE AT ALL TIMES PROTECTED AGAINST POSSIBLE LOSSES!
CLOSE OUT WHEN TRADE GOES AGAINST YOU.
6. Protect your profits by stop-loss orders. Let your profits grow when you see your stocks advancing.
HOLD OUT FOR LARGER PROFITS!
7. Do not hesitate to take your profits; you may be able to re-buy the same stock at lower prices.
SELL WHEN YOU THINK THE MARKET IS DUE FOR A REACTION!
SELL AT THE TOP * * * NOT AT THE BOTTOM
BUY AT THE BOTTOM NOT AT THE TOP
BSX Stock rallied on VERY HIGH VOLUME and will most likely consolidate at low volume in a trading range above these prices.
THE SEVEN PILLARS OF STOCK MARKET SUCCESS
Wisdom of George Seaman
Sentiment: Strong Buy
4. W Pattern
By the very shape of the letter we can see that the double bottom formation traces out a letter W. The middle leg of the W represents a temporary level of supply (upside resistance) and when the right leg of the W exceeds the middle leg it constitutes a very important buy spot.
The growth pattern is characterized by a long continuing advance in the price of the stock with a tendency toward acceleration on the upside in the latter stages of its growth pattern. The astute trader who is only aiming at maximum profits is only going to pay attention to this type of pattern during the later stages of upside acceleration.
6. Cyclical at Historic Lows
This pattern is listed last because it contains the greatest degree of risk, a risk that can only be minimized by an expert judgment of timing factors. If the timing is right, the gains can be very great.
For best results the six key patterns must be geared to the market
Newton would have been fascinated with the stock market as it exists today because he undoubtedly would have enjoyed watching his famous Law of Gravity at work on security prices.
(Source: A Strategy of Daily Stock Market Timing for Maximum profit, by Joseph E. Granville)
I am long on this stock and I am a short-term trader till the end of this year.
Bullish Looking Chart Patterns BSX at 12.21
BSX is making new high on highest volume and is a good buying opportunity.
THE GRAND STRATEGY OF STOCK TRADING
THE STOCK TELLS YOU THAT IT HAS MADE A BOTTOM OR A TOP BY SACRIFICING A POINT OR SO FOR INSURANCE.
The Most Bullish Looking Chart Patterns
All your buying for maximum profits should be concentrated on stocks having the following types of chart patterns:
1. Long-term decline followed by a breakout …………………………BSX is making this chart 5 years
2. Flat base breakout……………………………………………………….BSX is making this chart 3 years
3. Coming off a double bottom
4. W Pattern
6. Cyclical at historic lows
Let us examine each of these separately:
1. Long-term decline followed by a breakout
This pattern is mentioned first because it is capable of producing the greatest capital gains. The pattern is exactly as described, a long-term decline (the longer the better) followed by an eventual bullish reversal above a previous declining peak. The stock gains an upside impetus commensurate with the duration and extent o f the previous decline. The theory here is that the stock has been so utterly oversold that upon the first evidence of a turn for the better the stock will advance at a greater rate than it previously declined. Let me add-MORE GAINS OF 10070 AND BETTER OVER A SHORT PERIOD OF TIME HAVE SPRUNG FROM THIS TYPE OF CHART FORMATION THAN FROM ANY OTHER. (A successful parlay of ten such gains can turn $1,000 into $250,000.)
2. Flat Base Breakout
The longer the price of a stock remains in a very restricted range of fluctuation the greater is the potential rise upon a breakout above that price range. If the line of accumulation is at the bottom of a previous long-term decline so much the better. A stock coming off a 10-year base is potentially ten times more bullish than a stock coming off a 1-year base. The base or plateau may be at a more advanced level but the same principle holds, a move above that restricted price line is quite bullish. The more advanced the plateau is the less bullish it is, the lower the base line the more bullish. Suppose a stock was once priced at $40 and then went into a severe long-term decline down to $5. Suppose it then fluctuated between $5 and $10 for ten years and then suddenly one day managed to close at $11. The stock would be screaming to be bought, having evidenced a degree of strength unseen in a decade. That would constitute a classic flat base breakout and the chances of catching a 1000% gain or better over the near-term by buying at $11 a share would be excellent.
3. Coming off a double bottom
When a stock has met support (demand) at a given level following a decline the stock must prove itself that it can hold at that level should the stock temporarily rise and then fall back again. If it is met by buying at the same bottom level then the stock is in a much better position to make a more sustained advance. The astute trader buys the stock after the double bottom has been recorded and the stock has begun to rise.
There are two observations to keep in mind regarding double bottoms:
(a) The lower the bottom the more bullish it is.
(b) The farther apart the bottoms are the more bullish it is.
Sentiment: Strong Buy
I heard on CNBC that Obamacare and medical devices are off the table. What does that mean? Unclear to me. Means GOP gave up for other things?? Hope not.
BSX Pro blows Declines
Another note from you!!! I think you love me! WOW so much attention for little ole me! Thanks!!!
More with the pesky questions:( I think it is far better if we just leave this relationship all about fun!!!! ;) Don't you? It is much better that way! Yes......Much better I think.
Bye for now
Thanks again for all the attention and especially last Saturday evening!
Of course you realize, by not responding to the questions I asked, it shows you to be the guilty party.
That would apply to:
1. You said the email about you and your daughter was investigated, and you knew who it was. Since you didn't respond, it must have been you (whom I suspected all along).
2. Richey said he sold all his stock back when it was in the low $6, yet on August 26 he writes "made my money getting out this week".
I said I don't remember him re-entering the stock, please show the post where he did this. He couldn't step up to the plate, but you stuck your fat head into the mix, just to start trouble, which seems to be your only intent here.
3. In response to richeys "made my money getting out this week" post, you responded that you didn't have the huevos to hold that long.
When I confronted you, you made up a new story, saying that you really DID have the huevos to hold, and that you did own stock here,
So it seems safe to say, from your recent posts, that neither you or richey are credible posters.
Oh, I left out the one where you implied you enjoyed sodomy, you sicko...