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Pozen, Inc. Message Board

  • sjsrhs sjsrhs Mar 25, 2013 9:57 AM Flag

    Welcome to portfolio blowout time

    End of first quarter where everything that is down from last quarter is blown out at any price. This is looking like low 4's

    Sentiment: Strong Sell

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    • If you look at the Yahoo page for POZN and check out "Historical Prices" you'll see that on December 31, 2012 POZN closed at 5.01:

      http://finance.yahoo.com/q/hp?s=POZN+Historical+Prices

      Barring a major market crash it's not likely to get there by the end of the quarter.

      Come April, they'll file the NDA, which means the FDA will have 10 months to decide on approval. The partnership is likely to come within a couple of months after filing of the NDA because POZN will want to be ready to market PA as soon as it gets approval.

      • 1 Reply to mini_maxx
      • The recent share slide is due to the "early birds" who bought in in January, figuring to hear a partnership announcement in Q1/Q2

        The CEO pushed that expectation out some, at least that was the suggestion. Hence the selling.

        The shares will repeat a climb again, frankly regardless of the overall market, since the POZN story is a special situation.

        They seem to be finding a bottom....but touching $5 is a market-order cant be ruled out.

        Thanks for the cheap (cheep...) shares, "early birds"!

 
POZN
5.940.00(0.00%)Feb 5 4:00 PMEST