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.
3 Pharmaceutical Stocks to Sell Now By Jon Kostakopoulos Follow | 06/25/15 - 08:35 AM EDT
items they mentioned:
1. net income 2. net operating cash flow 3. week debt to equity ratio. can view their full report that is based on their proprietary rating tool.
it may of been caused by short raid. mnkd month chart when negative comments came out stock went from 7s to 3s. Then positive comments from analyst 7s (short interest went up to 131mil and when it went up to 7s again it was down to 112mil, so some margin call). mnkd was in the 3s range for about a week
Bottom line: “We believe if the recent OMER sell-off is due to the June 25th article, we believe the weakness is unwarranted, overdone, and should be used as a buying opportunity since we do not see any fundamental changes in Omeros’ situation and there are potentially material catalysts remaining in 2015.”
their clients provided most of the support today buying, as to holding until 61 I doubt it. monday we may get some of the others come and recommend their buy rating again. jmo
I don't think that's what triggered it either. Similar to those moronic Zacks ratings. Still worried that other bad news leaked and like you said bigger holder slowly sold out over past week.