Next will be the dilution (June 7th I think the vote is) that everyone denied would happen. By then the buzz will have settled. Hedgies cant keep these prices up forever. I bought shares today so I can vote, so did the others. And if the longs vote against it, they are only hurting the company's ability to do what they need to, and they will have to find some other way like sell off part of the rights to the drugs or something. Someone explained that here this morning, and i am sure it will be explained in the call. Hedgies will understand this and so will the insiders and employees. Retailers always oppose dilution, yet they happen anyway.
Next earnings could come in late May or June also, so thats another to look for. All this FDA acceleration hype doesnt give the company any additional revenue at this time or do anything else for their numbers. The quarterly losses are huge here.
Yeah, sounds about right, then you guys take their news and make it even better. They announce they will file the NDA early in the end of 2014, you guys take that and make it by end of 2013. Glad there is no way to spread Parkinson's to people or else you would be trying that too.
Bargayguy said it's going to 12 but he also said 11-10-9-8-7-6 and that is all i know of so my guess is sideways till news and then? I am long and have been but did sell 1/3 at 13.54 thinking that it now is all profit plus i used the xtra to buy 1500 BCRX at $1.80 I thought that after 900% in one year it would have to pull back alittle and then i could always add but this puppy is a machine and over the years i have learned (the hard way) to never short something that one news story can set you on your #$%$ Nik
I don't remember $6 or $7, but $10-$12 range is likely again. Possibly lower if they hit snags on the FDA approval. You guys keep thinking buyout and FDA approval is going to happen soon, when in reality you have 2 years to wait. Even Jeffries put that in their $19 price target analysis that Q3 2015 is likely when FDA approval will come. You guys read the $19 part, but fail to read the rest.
Think hedgies are going to keep buying at these volumes for 2 years + to keep the price up? Think you can keep pumping this every day with buyout and FDA approval talk for 2 years +? Just wait until another earnings release and this stuffed pig is going to drop.