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ACADIA Pharmaceuticals Inc. Message Board

  • sigma_x000 sigma_x000 Jun 17, 2010 11:49 AM Flag

    Question -

    When did the new phase III trial start, and when is it expected that we'll hear about any data? I've heard August on this board. But where does that come from ? I can't find any PR's out of the co. saying that they'll release data in Aug.

    All I know is that they're trading under cash on hand. So it seems like a no-brainer.

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    • Well, we'll see what happens. I also bought AEZS @ 1.14 and sold it at 1.87 a few weeks ago. Out of nowhere buyers just stepped in. It can happen at any time.

    • it's more like torture.

    • Yeah, well, I wish they'd get in on THIS and pump it.

      This 100 share block walk-down in just murder. It's like watching paint dry.

    • I would not buy ACAD because of the cash. If that is the no brainer reason, ACAD will be out of cash in 18 months. The last 42 day trial in PDP took about TWO years. Check it out. It was announced back in June 11,2007 and the results were released in the early am on Sept 1,2009. There are a few folks on this message board that think a "42" day trial takes "42" days and on day 43 the data is released. Perhaps LL knows if ACAD has finished talking to the FDA about the new trial. Depending on the sites and if every site opens up the same time and how long it takes for ACAD to enroll the correct Patients are issues that push out trials. Every month the cash goes down. The good news is that the upside = X. The downside is perhaps another buck 18 months from now. Nothing is a no brainer. If this was a no brainer take a look at the folks that run ACAD....and look for insider buying. There is NONE. So it is a fair question. If ACAD is trading near cash, and the next trial will be under way in the next one to three months. The results may be out in 2010??? or 2011. I do not know. There is no release/ pr saying that in August 2010 you will have the answers. Just some poster on this MB that thinks a trial takes only 7 weeks. TRUST ME ACAD is very very slow. I hope you make a ton of money in this no brainer.

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