NBIX is undervalued by what matrix? pinhead you are nothing but a clueless pumper who got trapped in a $20 stock that is know trading at $10. Indiplon was the whole story and the market sent it from $50 to $10, pipeline is very very early, most sell side analyst give the pipeline a proper valuation of $5 to $6. Thats 200M in market value, its has like $250M in cash so its current trading price of $10, $375M in market value is fair very fair. This is dead money for at least 6 to 12 months their is no Indiplon bounce coming. The next pipeline event is GNRH P2B 6 month data late this year which should provide a better indication of its market potential $100M to $500M. NBIX's pipeline is still uncertain and early. You pinhead are trapped like a little rat and you can pump all you want,as it doesn't change one thing about the current bad fundamentals of NBIX. If it was worth more than $10 the street would bid it up, its that simple.