chessen29 • May 2, 2013 2:50
Pfizer currently has 'insider information' and has failed to buy. Could the information be, a long term fix is required, or they don't really intend to pursue a fix and will let Remoxy die? Plus, you have the potential "lawsuit", that fgnoms has been touting, that would prevent or seriously delay the marketing of Remoxy. PTIE price is rising, so a lot of gamblers are still lining up to buy. Question is, are they lining up to be slaughtered?
I wrote the above post on the 2nd of May before the bad news. The bottom feeders are here trying to convince each other that the corpse is still alive. Object is to convince a few fellow travelers that there is still hope (even if it's years away). The truth is, the price rose because many of the shorts were covering.
Pfizer is a big company and is in business to make money. There is really nothing but delays (not insurmountable problems). To have sales of a BILLION dollars a year (-20% of course), there is a LOT of cash to be made. They have already invested a lot of cash. There are NO drugs that can be created, proved safe and jump all the regulatory hoops in a short time. IF there looked like a serious problem with the drug(s), unsafe or some other major factor making it unlikely to receive approval ever, that is a different story. I see nothing that suggests the drug(s) involved will not be approved. It is all about the hoops drug companies have to jump through to get a marketable product. This type of drug WILL sell and it addresses some of the major problems the previous versions did not address. Bottom line, in my opinion there is a LOT of cash to be made. 2015 is only a little over a year and a half away. You don’t stop running a marathon when you can see the finish line just ahead.