Get it while it's hot! These prices above $18.50 won't last forever. Act now before it's too late. This overbought POS is going to the MOON! No limit here folks. It'll surely continue rising with no end in sight just like out beloved stock market! This stock will make you rich!
I shorted another 4k today at 18.75 bringing the grand total to 25k shares at an average of 18. The collapse is coming. Any wise investor will look to get out by earning call on in May. People will be in for a rude awakening. I may hedge with some May 22.59 calls just in case things get crazy but I assure you sales will be poor and no where near estimates. I check about 1300 nursing home charts a week and haven't seen a single script for Linzess. On top of that I've contacted some of my pharmacist buddies at busy stores who also say no scripts dispensed and drug not stocked. My estimates are this company will see under $2 million in revenues for 1Q14, probably closer to the $1 million range. Those will be accompanied by a loss of $35-45 million due to sales and marketing.
POS will make it go to the MOON!!. The drug works well . Look at the clinical trials for constipation and IBS-C.. Their targets were more than FDA specified goals for approval. Yes , the POS's it produces will take it to the MOON.
Lol, I just hit it up for more at 19. This thing has gone parabolic. It'll come back to reality. I see no way people don't take profits here. Even the crooked hedge funds understand what they are dealing with. Today's upgrade had zero substance behind. Next stop now is $20. I'm have a a pretty massive short position and will stick to the game plan here. Nothing goes up forever. I'm will to take the beating for now. Just should have shorted smaller amounts at first. Lesson learner.