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Vertex Pharmaceuticals Incorporated Message Board

  • qdelfan qdelfan Nov 16, 2012 10:51 AM Flag

    Extreme pessemism usually signals a bottom

    Judging from all the negativity about VRTX the past few days, and today's price action this concept still holds true......(BUY when everyone seems to hate a stock which has great potenttial) . Here's a response to today's 'pessemism' article about Vertex on the seeking alpha website that gives a different point of view which I agree with.....

    evdon925 Comments (3) Once VX-809 is approved after Phase 3 trials during 2013, the revenue potential is immense, 809 will be used in combination with ivacaftor in all trials and studies of 809 moving forward (809 is far less effective without ivacaftor, something which analysts seemed to have missed entirely from their May results). Once (assuming it does) get approval from the FDA, 809 will essentially unlock the 50% of the CF population with F508del for ivacaftor, creating immense profit potential. Full disclosure, I am long VRTX and I have Cystic Fibrosis (F508del). I am uniquely positioned ton understand the pharmacological effects of this medication AND I have to buy it, I can tell you this is going to be a cash cow in the next year or two.

    Sentiment: Strong Buy

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