" seen a site where a mutual fund loaded up big time...????
btw, I still see it has hard to borrow or restricted for most retail account and the circuit breakers are on.
Its being heavily shorted by retail accounts late yesterday and so far today. They are going in pretty heavy and I would have expected a lot more deterioration in the price all things considered. Its a classic showdown. They are banking on hearing dilution and the longs are banking of the acquisition statement. It will be explosive either way.
shares people. several drugs in the phase lll stage. you know they will hit good on at least one of them. strong buy .. wow. what an opportunity here. has been trading on huge volume... something is up.. takeover could happen too so close to drug approval!! has pharma backing!! what else would ya need.. seen a site where a mutual fund loaded up big time on these shares.. that fund has a great track record too. follow the leaders! strong buy on EXEL
It takes one to know one. So are you the leader?
he broadest definition of a ponzi scheme is ANY business or economic ... allowing the ponzi to grow and to subsidize even more dilution
Obviously someone is being wise but that open interest is no where near enough protection for all the action we have been seeing.
Another way of looking at all those calls is that somebody is selling them against their long positions and pocketing the premium; if they lose the stock at a higher price, so be it. Options are not very predictive this close to ER, as there are many traders who are simply trading w/o regard to the fundies and/or test results.
Sentiment: Strong Buy
a strong buy here. earnings are suppose to be very good by 2015. wont be in the single digits for long!!!
it seems some of these stocks make a surge in price and leave you left behind. look at X today this happens a lot. hold on to your shares of EXEL. seen a huge fund manager buy 500,000 shares of EXEL! something is up for the good ..
There is likely a milestone payment for phase III meeting primary endpoint. There is likely a milestone payment for FDA approval of Cobi which can be expected in 6-12 month time frame.
make no mistake ... they could go naked undetected; however, shorting at this level would add fuel to the fire!
not a problem. Us investors will push price to $10's for offering ... in meantime, you lose $ shorting the stock; yeah!
Looking at EXEL’s balance sheet they have a net $66 million in cash after subtracting total liabilities from total assets. However, cash and short term investing money is about $255 million. If they are not in any buyout conversations, etc., I don't think it's out of the question for them to either get money from a partner or put out an Offering.
"what is NRE?"
The NRE is the non randomized extension of the RDT. The original RDT design was based on RECIST responses upon randomization and didn't incorporate the bone scan phenomenon. The NRE extension was designed to allow continuous dosing to all prostate cancer patients without fear of being randomized off drug.