hahahaha, I have made a lot of money listening to Cramer, have to be cautious and do your won research, but he has nailed some for me.
Wall Street has no clue on anything. Stock in any public company is not bought for investing any longer. It is a manipulated trading tool for hedge funds and the like to make $ by shorting touting ( through scams like Cramer Motley Fool,,Seeking Alpha and the rest of these paid shills. This stock will double overnight when a positive event takes place soon and keep going until it is bought out.....
But I thought they were flat lining? And just think they did all that with one hand tied behind their back. ( without protection of the Constitution)
Hey, great gig being a scientist working all these trials testing drugs for thr FDA. Of course all the money comes from companies trying to get their drugs approved and let's not forget all the copy cat companies that don't spend a dime in testing they only pay fees to these scientist that authenticate that they have properly pirated their formulas. Everyone stuffs their pockets, gets paid by the gov't for years and then retires on our dimes. Nice gig.
The FDA decided the end points they were looking for, Amarin agreed, proceeded, and was successful. Then the FDA decided to change the end point. They are very good at playing these stall games and trying to put small biotechnology companies out of business for one reason or another. Only problem they have is they came up against a tough little Irish company, that being Irish, is not going to go out without a fight. They got my Irish up also and I am willing to go broke backing them. IMO Shorts are 10 points lower than s*h*i*t.
Most of us have been frustrated with the share price and hoping/expecting that it is going to jump soon. MAYBE we're hoping for too much?
Using the average monthly share price (from Yahoo!) since the reverse split of 2007, I come up with a share price of ~ $4.80. If I "throw out" what I considered to be 15 months for which there were run ups in price (we can debate whether it should be 12, 15 or 17 or whatever months but the point is made) I get an even lower price of ~ $3.37.
This has actually been a ~$2 stock (or less) for most of the time since 2007.
With the whole "stew" of patents, NCE, scripts, NOLs, R-IT, competition, management, changing legislation and associated uncertainty, accumulation and conspiracy theories etc aside, does Wall Street see something that we don't?
Thanks for pulling together that info and posting - very impressive growth in prescription #s!
May 7,329 KOWA deal announced
Nov 9,542 (including 8,842 for Thanksgiving Week)
Dec 9,926 (including 8,508 for Christmas Week)
Jan 9,888 (including 9,516 for New Year Week and 9,873 for MLK Day Week)
Feb 10,357 (including 9,823 for President Day Week)
Apr 11,219 (including 11,158 for Good Friday Week)
May 11,672 (including 10,850 for Memorial Day Week)
Jul 12,538 (including 12,194 for Independence Day Week)
Oct 15,xxx (predication)
With strong 1A, weekly TRx would be approaching 20K (i.e. $2M+ revenue per week).
Thanks to Key for continuously posting the weekly data.