Sorry, but they are loosing $6.8 MIllion per quarter. They are years off from approval and any kind of revenue increase and everyone knows it. Pumpers can tell you there is a buyout and FDA approval coming at any time all they want.
Why don't you just do whatever is good for you. Just leave us alone. We have made our choice when stock was at $2. You are making your choice. We don't need to be too nice and share our privacy.
Sentiment: Strong Buy
Nope, I am letting the hedgies run it up and shorting at $13.40 and $13.60 respectively. Wait until all the fools who were tricked here into believing approval and buyout is coming sees the next quarterly results.
They are projecting the loss uptrend of 23% to continue, so roughly $8million per quarter. They dont have the cash to keep that going for 3 years until the product gets to market so dilute dilute dilute....just like last year.
So since i am in at just over $2.00 that would be 400% Now after it crossed $6.00 i started selling puts every month. Sold 10 contracts yesterday at $1.20 each which netted me $1200.00 In fact i have sold a toatal of 80 contracts and not once did they not expire worthless. Tonight i am going to figure out How much i have made on options but if i were to guess i have been paid over $8000.00 just to own ACAD. So go short and tell us everyday how great a short it is. The great thing about having the dumbest speak the loudess is it makes everybody else in the room look good. A great quote from my Dear ole Dad , Rest his soul