I shorted 5000 shares @16.84 on 9/5. I haven't covered yet. Waiting to drop below 11 to 10 to cover. Short interest is getting extremely high on this stock. Read my previous post.
Sentiment: Strong Sell
first of all wait for the Cramer buzz to wear off and XBI/IBB to settle. then depending how deep this market drop is... 23/24 MIGHT be a good entry point for a LT hold or at least until they file the NDA which with any luck will be before the EOY. on a 'deep' drop right now... 21/22 is a good score. 19/20 territory would be a bit spooky at this point but as I said... wait for at least a solid day of upwards price increase in the company and ETF's before taking a position. ACAD is a lot like KERX in that there is a lot of manipulation and price fluctuation, also the way it gains and drops with the ETF's... you have to pick an entry price, hold it and then pick an exit price if you are just trading it. if you are holding and waiting... buy at the right price and don't look at it 24/7 or you'll go nuts... it will go up well IMO through 2014 unless the markets tank. get k4s and gasp's take on the company and science... they know it much that better than I do... I've just been fairly successful buying core shares in April and trading it multiple times since. don't freak out about insider sales... Uli sells more shares a month than Ron has sold in 4 years... it's normal.
hope this helps for ACAD but don't give up on Keryx yet. I sense there will be a bottom here and then up we go... again. that's what Keryx share price does and will do again.
"The greatest trick the devil ever pulled was convincing the world he didn't exist."
Thanks for the back and forh as you try to teach yourselves scientific analysis with Khan Academy cliffs notes. Instead of wasting our time with your faux search for enlightenment, please refer back to the prestigious Journal of the American Society of Nephrology, who favorably published Keryx's results, and to the FDA, who expertly and tirelessly reviewed this drug .... And guess what? They APPROVED it .... with a recommendation to discontinue IV IRON IF IRON LEVELS ARE TOO HIGH.
Big bird, keep your promise and just whip out your deception for a visit in 3 to 6 months. Thanks.
Sentiment: Strong Buy
your statement "the general feeling is that ferritin should be kept in the range of 200-500 in order to attain a level of mobilizable iron to augment the circulating iron" says it all. ferric citrate is incapable of keeping ferritin in that range. a 50% increase in ferritin proves that. you may be the only one who uses it but that doesn't say much since you are long the stock and have profit motive. glad you're not my doc
Sounds like they don't even have Ferritin left as a scare tactic! Thanks for always bringing solid counterintelligence to the shorts' fictitious, bamboozling, erroneous interpretations. Journal of American Society of Nephrology on Keryx is a far better read than some of the nonsense back and forth that went on today about iron and the jury being out. The jury, called the FDA, is actually in .... and our drug has been approved for commercial US launch, folks!!!!
Sentiment: Strong Buy
Not so sure i agree, had i listened to ice instead of mgm2020 i would be up another 100k personally i am not a dreamer thinking that if i dont hear it it isnt true or doesnt exist. personally these guys have let some things out that have proven true.agree or not we longs are all down their up
What we need is a uniform fact data sheet template that we all could use as the basis for our complaint .
If everyone is giving their own interpretation of the facts as best they recall we are going to have 50 different stories of what transpired.
Jeff, could you post the basic time frame and scenario since you have already filed your complaints.
We should go to the AG in our home state, and the SEC.
I'll bet there were lots of buyers of Keryx stock, then bought puts, and then used their stock to trigger sell orders thus making their puts worth lots.
Let's see where ACAD. sits in two weeks/// after Yellen, Isis,SnP mini-correction has flattened, etc. Some people are talking 22-23 dollar pps.
I agree 100%, but where are Ron, James and the rest of the BIG stockholders? They should be making statements and telling proper authorities what is happening and stop the bleeding.Publicity it what kills us, so it must be coounteracted. bigjeff is on the right track. Most longs hold and no stops, so how can small investor make a difference?
I tend to view your posts as that of a Wolf in Sheep's clothing. I may be wrong but you appear to be a very sophisticated short. If I am wrong I heartily apologize.
I don't mean New, higher upgrades..... I'm wondering why the Roth $30-$32 is not plastered on all the stock sites. Or the out performs or anything related to every other analyst besides fbr.
what proceeds? The same proceeds we got in the roller coaster that started a year ago?
Not exactly the response you requested, but I sold 1/2 my position and am keeping it, for now, mostly in cash. Looking for the next rocket to ride. I don't feel ACAD has the legs to justify an investment. Not enough potential. Looking for KERX to get back to 18+ in a year or so. I can wait!