I remember when JAZZ was doing the same thing and everyone was talking about how it was going to go back to ten. Just chart that company. I have read your post about shorting this since ten and if you would of just bought a lousy 100 shares then look where you would be now. This was less than 8 dollars on april 10 and 6 on march 18th so buy a few because you trying to short this is whats Plain Stupid
Who is stupid now? You keep on shorting this stock, now you are sweating to cover your shorts.
Cover now, or you will regret it till it's too late cause it's going 30, then 50. Just look at what happened
to Aegerion, Vertex.
Dude---this is not any of those things....I will provide some info:
This is a blockbuster drug across many disease states-which no other Rx is close to
This is not years away-this can go online late 2014-early 2015
ACAD is on the radar of 3 major Rx companies and could partner with any one of them for instant rev payments based on mile stones...we are talk 300M or 500M cash
This is going to be fast tracked...
If you are new to bio please do some DD on this sector and how these things play out---its not a manf play...best of luck and just fyi stay long on this...
Just some information - google "pharmaceutical loss of patent". You will see that every major pharma company is and has been losing revenue from loss of new drugs. To get a drug to market costs right at 500-800 million. This drug appears to be fast-tracking FDA approval. Major pharma will love to acquire this, as they get an instant blockbuster (over 1 billion dollar seller) without having to pay all of the R&D. This is about potential. You don't draft Kobe Bryant out of high school based on what he's done - you draft him based on what he could do.