Crowley seems like a stand up guy and presents well enough,
but it would be GREAT if he quit selling so much stock, killing steady appreciation.
That , and there have been several episodes where a leak seemed obvious by trading right up to binary points.
Mr Crowley- you are a Navy man ... FIX THE LEAKS IN YOUR SHIP
Billy, like you call on this one. If we get a strong IBB day this one will lead the pack as we unfortunately ran into a tough tape today on oustanding news. Some index selling put pressure on all equites, but we still had a great day with more to follow.
Sentiment: Strong Buy
More follow through should be in order for Fold on the recent news. Too many good things going on here and we will see increased interest in this equity going forward over the next several weeks.
Sentiment: Strong Buy
Don't go to off the deep end, this announcement details "Under Accelerated Assessment, the CHMP may shorten the Marketing Authorisation Assessment (MAA) review period from 210 days, under standard review, to 150 days under Accelerated Assessment. The CHMP opinion is then reviewed by the European Commission, which generally issues a final decision on EU approval within three months. If approved, Amicus would then begin the country-by-country reimbursement approval process. Amicus is on track to submit the MAA to request full approval for migalastat monotherapy in the EU in the second quarter of 2015."
ie, after eo2Q15 submission, eight months are predicted until reimbursement negotiations are in full course, so there is still some row to hoe
Sometimes there's just a illogic between the news for company and the price reaction, I suppose the IBB today could have had something to do with the cool reception to accelerated schedule, all I can think it is a good time to take advantage of the disconnect. I flipped some modestly successful names today and added FOLD early. It didn't do my average any good but the chart still looks dynamite. 12.50 an interesting test. Luck to all longs
Up 32 cents in this market aint too shabby.
Sit back and enjoy the ride. This company is still lightly followed and good news should continue to come their way.
Is everyone still on vacation? I thought the stock was going to pop today for sure. 2Q plus 150 days plus 3 months equates to the beginning of next year. Is that why no one seems to care about the news?
Ya still think 2020?
Technically this beast is about ready to make a huge run through new 52 week highs. Love the pipeline and the longer term story as well, but the charts are extremely bullish at the moment so looking for some money to flow in hard on this stock over the next few weeks.
Sentiment: Strong Buy
Hi keene-bearcat, I agree that it is a truism, but there may be a kernel of truth to it. I couldn't do much today because the NASDAQ was down for much of the morning and I kept getting prices for the day before in the Pre-Market. But here is one thing that was interesting. ( I only looked at small bio techs that were in the most active list.) There seems to be a follow through effect. PBMD closed at $5.43 in the After-Market at 8:00 PM down .48 cents. At 8:47 AM it was down again to $4.33 in the Pre-Market. I got my prices at 8:47 AM.
ISR was up .35 cents at the close in the After-Market. It was up .33 cents at 8:47AM. So this one was virtually unchanged.
PTBI was up .13 cents at the close in the After-Market. It was up .18 cents at 8:47AM. Ron.
its a cliche, not an equation. IMHUO (I added Undereducated) a lot of the volume bubbles up from ~dark pool trades that are allowed reported late in the day (if at all). Retail wakes up rearing to go, plan formed the night before and things to do that day. Big money has to have meetings before things get implemented, its a bureaucracy .
Glad my spelling OK is ok ( although if you see something you object to , think again as you are probably missing a brillonant joke) as I've been using this dictation software to post - its divine in a non-biblical sense ( although , makes you wonder since hear tell that book was written in a similar manner ...) but makes me lazy to perfect ephemeral posts made for free to an audience numbering at the least in the very low high single digits
I still don't know what this is about. I dine once a month with two ex-OTC traders. Not sure they know either. I'm going to make this into a little research project starting with the close of NASDAQ After Hours trading at 8 PM and go from there. Get back to you in a week or two. Ron