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Exelixis, Inc. Message Board

  • duckduffer duckduffer May 16, 2013 4:24 PM Flag

    Pretty Good Day

    Got to add some shares at $4.53, the day after it was disclosed that Cabo has demonstrated an OS advantage. Who would have thought this was possible? The bears are probably scratching theirs heads thinking, wow, this is too easy. I'm fairly confident Dr. Scher will fill in some of the blanks in a couple weeks time as to why the OS data is more exciting than many here believe. And I couldn't help feeling Tuesdays presentation was bordering on confident excitement. That wasn't the talk track of someone who is anticipating dissappointment. Perhaps I should be feeling much more anxiety and fear after a 3% hit to the PPS on the news.
    GLTA

    Sentiment: Strong Buy

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    • "I'm fairly confident Dr. Scher will fill in some of the blanks in a couple weeks time as to why the OS data is more exciting than many here believe. And I couldn't help feeling Tuesdays presentation was bordering on confident excitement. That wasn't the talk track of someone who is anticipating disappointment."

      I agree, so I had to add today at 4.50. I can't help but think about Anadys Pharmaceuticals which was basically left for dead but Roche swooped in and bought it for 250% premium without any pre-warning. Papadopoulis has a good relationship with Roche and the folks at Genentech know EXEL as their P3 tests for Zelboraf in combination with GDC0973 is reaching conclusion. The shorts are aware that time is running out and up to now they have played it pretty well, but just when it seems "too easy" something always seems to change the equation.

      Sentiment: Strong Buy

    • Well Duck, I guess I we are both crazy :). I bought a little more at 4.56.

      Good luck,
      Jim

    • I'm right there with you duck at $4.57, just keep buying on the dips. Saw this scenario play out for years with Ariad. At one point I was buying at Ariad at $1.80 - total craziness.

    • Was this a case of sell the news or did the documentation provided this week underwhelm the market?

      Sentiment: Hold

 
EXEL
3.29-0.03(-0.90%)Apr 17 4:00 PMEDT

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