Thank god, I've woken up from this 4 year nightmare, I'm ready to cut my loss and move on!!!
Indiplon was the drug touted by NBIX as the savior for insomnia. Unfortunately, I fell under the spell that NBIX was going to get Indiplon or another sexy alluring blockbuster drug approved for market; all we got was tittilation with major milestones payments and promises for the next big drug blockbuster.
Sadly, it's just been a neverending story,after stories. I've finally waken from this nightmare and realize NBIX's extensive pipeline is only pipe dreams evolving to nightmare for shareholders.
I just felt the need to write it down, express my displeasure with NBIX management and their lousy performance for which they were richly awarded $1mill bonuses and compensation.
Four years later, for my loyalty and patience, I get rewards of a 40% loss! Perhaps, as another poster pointed out, NBIX is only for Range Trading; NBIX is definitely not for a Buy 'n Hold investment.
There, I vented and feel better. Hope all you Longs better luck than I've had with NBIX.