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Protalix BioTherapeutics, Inc. (PLX) Message Board

  • niwrad1809 niwrad1809 Feb 1, 2013 11:22 AM Flag

    I love PLX, but cant see where they are going right now ...

    ... any ideas? I was here a while back and lived through approval, but eventually exited. I've always got re-entrance on my mind, but I don't see where PLX is headed. I know they are working on the Fabry stuff, but that seems years away. I know they are building Elelyso sales, but that doesn't seem to be manifesting into the Pfizer buyout we had hoped for at one time. And, now it appears they are putting some efforts into building the reputation of their platform, i.e., this conference they are presenting at in a couple of weeks. All this seems good for growth and building the company over time, but it seems to me likely to leave PPS flat over the next few years. However, I have not followed PLX like I used to and thus would love an update from someone who knows whats going on and your thoughts on any price movement this year. Thanks in advance.

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    • Many institutional investors went into the stock after approval. They are working on a deal with Brazil that could bring tens of millions in profits over a period of years and Pfizer is leading this campaign. Today's high volume and increase in price is saying least I think it means something. I hope it'll break out of its trading range where it has been for months....good luck.

      Sentiment: Strong Buy

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