Impotent! No, REGN is not working on a treatment
for impotence. REGN managers need one. They are
impotent. I have been in the biotech industry since the
early days of Genentech, and I have never seen a
management team that is so blind and incompetent.
1) re: Hype--yes the comment about buying 100,000
shares at under 7 sounds like hype.
2) re: recent
lows--yes it did go in the shitter but the other comments
are proper--go back, follow the stock for a year, it
usually drops below 7 but not always as low as 6, as
volume drops off, then one day, boom, its up 1-1/2 or 2
3) re: Amgen, P&G etc....these companyies have so
much money that they simply spread their bets. They
only need one big hit so if 19 well's are dry but one
is a new field, a gusher--its worth it. My guess is
they put their money where the resumes were, but
that's no guarantee of success. Is the REGN staff
top-flight, cutting edge, or used to be's? What are they
Bottom line, its a crapshoot.
A friend of mine told me he had just invested in
this dog about a month ago. Just got back froma trip,
and decided to look it up. On March 18, the price was
between 7 5/8 and 8, and these last 2 hypsters on this
board were talking you guys into, "Boy, this is a great
buy around 7." Today, after an up day, it's at 5 3/4.
If that isn't evidence about the hypsters that say,
"I'll load up a 100,000 shares around 7, what is? Take
your losses and get out. How many dogs like this have
I got rid of in the last month, and put my bucks
into something that's got positive earnings.
I checked my records. My first swing trade in
January 99 was for 7.94 and 8 a share with a basis of 6
3/4. Should be a good position for your client. My
target is 8 to 8 1/4 in two weeks. Any more information
would be appreciated.
I am not an employee and own only a couple of
thousand shares - bought mostly in high 6's to mid 7's.
However, the CFO, Murray Goldberg has only been there
since late 1995 and perhaps has just begun to exercise
some of the options he got back then. I do recall a
while back on the insider trading him selling some
shares, but don't remember how many.
is Chief Counsel, according to the insider into on
Yahoo, always seems to sell at the right time. He sure
has sold a lot of shares, but since he is there
almost nine years I wonder how many he still
Last year Vagelos and Schleifer put their wallets
where their mouths are and each purchased $375,000
worth and unitl last week
their was a listing under
insiders where Vagelos exercised options and bought a ton
of shares. But now it's gone. Does anybody know why?
Did he actually purchase the shares or ultimately
decide not to exercise the options at this
I do have to agree with the posting about P&G,
Amgen and Merck knowing something and that's why I
continue to hold my shares.
(1)AMGEN heavily invested here
(2) P & G
heavily invested here +etc...
Do you think these
Co know what they are doing?
3 Noble Prize
winners in Management, i could go on & on but
incompetence sounds like its on your side of the fence to