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Astex Pharmaceuticals, Inc. Message Board

  • bucketlist88 bucketlist88 Jul 24, 2013 9:40 AM Flag

    Ironwood Pharma

    This looks a little like what astex could expect. Big headline that states "LOSS AT ASTEX WIDENS". Clearly the street will shoot and asks questions later. These numbers on revenues and expenses are important, even though some want to point the finger in another direction. But now several companies have step forward that costs are rising in these trials. CELG recently pointed this out and highly doubt that ASTEX will not have increased costs at the same time that they are experiencing falling revenues.

    You're good old boy mentality with this company handing out options will continue as usual. Meaning you will not see them tighten the belt as they burn through cash. Could Monday be the reality check? Well first we have to validate that pumpettees can comprehend reality. Do your own DD.

    Sentiment: Strong Sell

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