Good to see that you're on the boards. I hope everything is well and I am glad you are accepting my challenge. On the long side I love URMD and GNSSF. On the short side, I love ONSL. Please note friday's closing prices. Let's see how much the BIODOCMAN knows.
Not just ONSL - but that entire sector! Think of the poor boobies who bought the stock last morning at open!
As to our pet (most of us anyway) baby, I think rumors are not going to provide helium. We need last qtr 98 and 1st qtr 99 slaes data. If the drug sells, we are in the money. If it does not, we can forget about any big jump in the price.
When one sits and calculates that instead of putting the money I have in Celgene, I had bought Books-a-Million at that time and got out on Friday, I would be $150,000 richer*, I can understand how frustrating things are for most of us. Everyone's patience is to be admired and I hope there are rewards coming!
Thanks for the reply. I have put them on my watch list. I'll watch for a 10% change in them and give them 6 months to achieve it. Again, while I disagree with your thoughts on CELG, I respect your obvious knowledge.
What makes you an expert on ONSL? Why do you love it? I heard that their holiday and Christmas sales will provide a great quarter for them and that the shorts will cover(and there are many) before next Q's earnings are released. How long have you been short? How low do you think the price can go? ONSL traded in the 30's in April!
According to the CELG press release on Friday, more than 2000 physicians and more than 2000 pharmacists have signed up for the STEPS program, meeting or exceeding CELG's goal. Does it seem reasonable that more than 4000 individuals would go through this process just to ignore the product? I think we should be hoping for a good degree of off-label usage, not just for the sake of us share-holders, but for the real suffering people out there who probably can be helped today by Thalomid.
Also, unless you play the hopeless game of day-trading, the time to have been on the short side of ONSL was a couple of months ago. Not much downward pressure from here on out. Should track up with e-Bay and then might become an aquisition target. Just MHO, of course.