Maybe you missed the hedge funds and traders disguised as consumer activists who are suing to have the CELG patents revoked, or another hedgie group asking CMS to reduce the reimbursement for EXAS tests for colon cancer. Many other examples are out there. EXAS was way over 30 when the BS started, it went to 26 or so with the selling pressure, and now is at 20.
They are #$%$, and our legal system is the pony they ride. No wonder people hate lawyers...
I'd gladly take your shares off your hand for $65 each Where do I sign?? I LOVE panic. Allows me to take advantage of those who have no clue.... You probably sold your shares in 2009 and 2010 too right?.......
Sentiment: Strong Buy
You morons haven't even caught a glimpse of a bear market. News doesn't matter. Company fundamentals don't matter. Everything gets sold because it can.
And to think 6 hours ago, "Wow. This is holding up well. Going higher."
Yeah--Bill and Melinda have invested in a lot of start-ups and lost. too. For them it is a tax write-off, for others it is a job and a few clams for a nice vacation
Sentiment: Strong Sell
You're a pumper, BUT, OCLS is a $22M company announcing their launch into $550M dermatitis market with a patented niche product with a cost advantage. Next week.
Your right, Bill and Melinda do give a lot to charity cases and this company is unfortunately qualifies as a charity case.
-.30c loss is sequentially flat with last quarter. Did not beat estimates like in the past. Beat by 2C but probably did not beat the whisper number. Nothing exciting in the numbers but the conference call will be important here.
Most overpriced and the highest valuation of any biotech company. 6x the industry average. Time to short
Am I the only one that sees a problem with this scenario? Sales would have to go up 2000% to justify this market cap. Company does not make a profit. I would not buy the pizza shop down the street if it did not make a profit. DOn't understand wallstreet. Something will eventually have to adjust valuation wise. Merrill leading people down the primrose path again. Watch out for the thorns.