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Array BioPharma, Inc. Message Board

  • naked_finger naked_finger May 8, 2013 12:55 PM Flag

    I like it how ARRY Die

    Very fast. No chance to get out. see you below $5.00 soon.

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    • I was glad to be stopped out too. This was promoted heavily by a certain group that I follow, when they folded, this went down almost 20% in a day. I got out and not coming back. Thei technology is fine, but doen not guarantee a drug. The problem is that it will take a lot of money to continue and they don't have it. I am sure that the same Company that took ARRY up is the same ones to short it down. That is how they play. This thing will fall for a while. ASCO could not save it.

    • Good to here from you again! I thought maybe you were hiding for some reason. Let us take a quick review of where all stands here.

      On the negative side, a financing in say 5-12 months is certainly possible if they are not able to garner any partnership bucks in time. That would get you back to about even on the $4.70 short.

      On the positive side:

      . 5 pivital trials (1 launched, 4 soon) ALL paid for with partner cash.
      . 4 mid stage candidates, all suitable for partnering and 2 potentially advanced on their own.
      . Up to $3Billion of potential milestones on partnered drugs (w/o help from those above 4 mentioned compunds).
      . Various scattered programs that we can ignore.

      Given that picture, one would have thought most shorts would have used yesterdays dip to cover wioth a mild loss and be glad to escape with the scalp attached.

      BTW, noticed you changed from "it will be under $3 soon", to $4 soon, now $5. Can't wait for 6,7...

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