Had a brief conversation with Wendy in Investor Releations: Approx 165-170 individual contributors plus about 18 field managers going full force. Drug is in distribution,being dispensed. All is positive. Think folks...putting 200 people in sales on the payroll....SCIO has got to be pretty darn sure each field sales person is good for at least 1 million per year. SCIO's approach is not a tentative one...but rather one of aggressive exploitation (in a good way) of the market opportunity. Shareholders will be rewarded.
Megapix: I know the long term picture is good but if the shorts and the MMs can manipulate SCIO stock every week day in and day out so that it does not go up, why hold it in the short term. I have a lot of money tied up in this stock and although I have not lost a lot, I am not making any money either (I am down over 6,000 on piggy today). The BTK is positive and at least 20 of the bios I follow are up today with the exception of SCIO which percentage wise is down double of all other bios. If someone can give me a valid reason to hold rather then sell now, and invest in a stock that goes up, and buy back piggy after earnings are reported, I am all ears.
knotshore, This consolidation phase must be about over. The minute you sell and chase something else, this piggy will run. At least that's the way it would play out for me. Nothing has changed regarding Scios except that they now have a marketable product. I don't believe the MM theory. I think some institution is unloading for whatever reason. I believe the Big Jim and Son Mike show are pumpers for whoever is dumping. Brewer has set very obtainable sales estimates. I'm in at $22 and $18. Concerned? Yes. Why I bought is still true, so I continue to hold.