yes, i am still trying to figure out what dropped us to this level at 17.50ish from the 20's in just 2-3 days ? i still believe that an institution wanted out (maybe not entirely) and didnt care how far the pps dropped to get rid of their shares, imo
if your able to get the transcripts of the call when the drug was approved omeros mentions that a few thousand of the physician perform the majority of the operations (what I remember out of the 10-12k physician only 3-5 perform almost all or vast majority of the surgery).
On Nasdaq call transcript the call during November last page that 20 of the first sales staff starting calling August. The march 2015 call has % (the call once the drug was approved had the physician count not the %), with 40 staff they can cover 80% or greater of the top 8 deciles of the top 50, top 100 and top 150.
Omeros has been advertising in journals. Staff of 20 calling from august is a lot of phone calls. hope this answers some of your questions, but the call from the drug approval has better numbers with regards what # of physician are worth targeting
see "market pulse" by "the street". guess they are not happy and have a short position? funny thing about the article it is under the street webpage but it says it is not their option or cramers.
per Dr. D the compounds are bought in bulk. However, they physicians knew for a few months that the drug was coming to market. Also, the A&G add-on payment helps reduce the cost of the compounds for physician groups that already have billers on salary. Finally, the patient physician benefit is worth taking a loss on the compound. jmo
I remember Dr. D stating on the last CC Omidria sales exciting. Like anything new, inventories must go down before new drugs come in , but with the FDA behind Omidria, sales should really start to build in the third and fourth Qts.
Sentiment: Strong Buy
i am with options 1 or 2. with passage of time we will know which one. latest date sales data being released. I do not think it is option 3 as the selling started when we had a hard time staying at 22 with positive news coming out (oms 721, chmp comments, partnership)
I still cannot believe that this massacre was caused by the Street article, which no one takes seriously. In my simple mind, in the absence of a negative announcement by the Company, I rule out the possibility of a leak of negative news relating to the pipeline. That leaves us with 3 possibilities or any combination thereof; 1) short sellers making an orchestrated raid (knowing it is only a matter of days before Omidria numbers are reported), 2) smart money through own channel checks concluded that Omidria is off to a lackluster reception, and 3) a large institutional investor or (index fund) was exiting/ rebalancing. The 3rd point should be given appropriate emphasis considering that several large blocks were seen in the past few days. I have full faith and trust in management of the firm. If anything was going wrong, thy would have announced it by now. Good luck to all longs. Expect to see more negative/short comments in the next few days!
You are being modest and humble! You actually shorted at $27.68 (All time high) and covered at today's low of $15.82!!! I trust you know that shorts' best quality is honesty!!
Yeah right. Its interesting that folks like you always claim to have made the perfect trade after the fact on Yahoo message boards. I covered my long position from $11 op to $26. Do you believe me?
the article is garbage. if there is no bad news and we recover in price to the 20s, then good support that the article was the cause.
How can that cause a sell off? That is a computer generated garbage article. It doesn't even factor that they are starting to bring in some revenue lol.