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Celldex Therapeutics, Inc. Message Board

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  • peristentone peristentone Mar 4, 2010 3:25 PM Flag

    RED AGAIN. yes I love it. yes I need it.

    Since the company has no meaningful operating earnings anyway, some added accounting losses for an acquisition don't seem material in any way. It simply caught analysts off their models, and it creates some technical selling.

    I hate investing in ideas with no real earnings, let alone no free cash flow, but I really like the CLDX chart. It looks to me like wave after wave of selling has exhausted in the 2 year chart view.

    Fundamentally, what I want to know is what are the chances we can get a $200+ million payment from Pfizer to lock up any of the CLDX technologies? I mean if Medivation can get a $225M up front payment for testing a Russian antihistamine for AZ, then surely CLDX has a few pipeline drugs with better science and similar market prospects? Does Pfizer need to lock up a few of these to make up for the Medivation disaster?

 
CLDX
15.11-0.36(-2.33%)Aug 20 4:00 PMEDT

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