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MELA Sciences, Inc. Message Board

  • biorunnup biorunnup Jun 30, 2010 10:00 AM Flag

    Remember: 2010 FDA Advisory Panel Run-Ups Average 66% Gain

    Article just posted at BioRunUp>dot<com

    I'm holding my MELA shares/ adding more.

    BioRunUp

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    • biorunp, you are a smart guy, but in this particular case, I disagree with you.

      I think you can probably find plenty of examples that drug company mgmt team does a secondary offering a month or 2 before major FDA news announcements and most of them turn out negative.

      • 2 Replies to android_stocks
      • I looked at the Biorunup site.If your correct on the secondary offerings,it undercuts the whole premice of
        buying on anticipation of FDA approval.Yet he has a great Short term track record.Not sure who or what to believe.And what about his referral to Mike Havrilla service?

      • SOMX did an offering for $1.05 a share in July of 2009. By December 09 it was $4 and in April 10 it was $10.

        Not all offerings mean the company is going in under. In the biotech world, you take money when its there for further studies and research.

        Do I like the financing? No way. Would I prefer they didnt do it? Of course. Does Adam make some great points? Yes.

        However, I don't think MELA is a sell right now. I will be out in August before the panel, and I believe we will see $10 before then.

        This is completely reasonable, as MELA was $12 as recent as January.

    • Dude, what are you talking about. Enough cash for 5 qtrs... that's more than a year! What's the point of doing an offering now when market is tanking and big news on the horizon???

    • moriarty.john@rocketmail.com moriarty.john Jun 30, 2010 6:50 PM Flag

      To get cash before the market tanks more.

      Regardless of how great the news is, if the market goes down most stocks go with it. Ex.) SOMX silenor, DDSS oleptro, or better yet... SPPI loaded the boat twice before they're decision for zevalin, and it was a good idea because look at the stock price then, and look at it now.

      The point is that private investors and investment banks know these stocks run up and want in. So they offer cash to get in instead of trying to play retail shopper. I dont think any good CEO would risk waiting till after the FDA Panel when you might not find many private investors anymore because the markets going down.

    • Regardless of how great the news is, if the market goes down most stocks go with it.-- mori

      **************************************

      Not Tesla. Up yesterday by nearly 50% despite the fact that market was off huge.

      Tesla has never sold a car, has no history, offers no fundamentals and offers a product that is ridiculously expensive.

      Sounds a lot like MELA except for the fact that investors obviously believe that Tesla will succeed at bringing their product to market and ultimately turn a profit.

    • Fncydansir: <<Tesla has never sold a car, has no history, offers no fundamentals and offers a product that is ridiculously expensive. Sounds a lot like MELA except for the fact that investors obviously believe that Tesla will succeed at bringing their product to market and ultimately turn a profit>>

      Umm, I bought some TSLA today. (I actually did.)

    • Me <<Umm, I bought some TSLA today. (I actually did.) >>

      Fncy, I hope it is OK for me to ask that you not burn down Telsa headquarters.

    • Fncydansir: <<Tesla has never sold a car, has no history, offers no fundamentals and offers a product that is ridiculously expensive. >>

      My broker, Don C. Adams, never mentioned any of those things to me.

    • Fncydansir: <<Tesla has never sold a car, has no history, offers no fundamentals and offers a product that is ridiculously expensive. Sounds a lot like MELA except for the fact that investors obviously believe that Tesla will succeed at bringing their product to market and ultimately turn a profit>>

      Umm, I bought some TSLA today. (I actually did.) --verm

      ***********************

      No matter how you cut it, you made at least 10% more on your money today than did every single investor in MELA.

    • Fncydansir: <<Tesla has never sold a car, has no history, offers no fundamentals and offers a product that is ridiculously expensive. >>

      My broker, Don C. Adams, never mentioned any of those things to me. --verm

      ***************************

      Error of omission only; not to worry.

      You think that you have problems? I got back from a meeting today only to have my assistant hand me a notice from my mailman stating that there are two certified parcels from the IRS waiting for my signiture at the post office confirming my receipt of them. She was *NOT* allowed to sign for them.

      Looks like another Jack Daniels and Clonazepam night for me.

    • View More Messages
 
MELA
1.86-0.03(-1.59%)Sep 19 4:00 PMEDT

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