It's great for the "Longs" when the sellers make their move. I understand there are traders and there are investors but seriously, this company has the potential of exploding! Of course, the Prostate cancer data is what will make or break this stock but with the data out over the years.....this is a great buy at these prices. Forget about the traders, the investors need to do their own research and perhaps, speak to an Oncologist and get their opinion. Hate to sound redundant here but the mechanism of action for Cabo. is unique and this is what makes it a potential phenomenal drug for various types of solid tumors.
Forget about the side -effects! Side-effects vs. terminal illness!
Investors, stand your ground. The science of Oncology is growing leaps and bounds and our understanding of malignancies is increasing daily. This is a whole new ballgame to treating solid tumors.
In the end, none of us knows what the future data will reveal. Management is very smart! Going after the MTC indication was the tip of the iceberg. I am in this business and I am predicting a Takeover of this company....the question is: will the Exel team agree to be bought out? Time will tell. I wish I had more answers but I am holding on to my shares......I sure wish I had more play money to accumulate close to 20,000 shares but I don't. Instead I will hold onto my few less shares. I held through the Approval and instead of taking my profits...i have held onto them. Of course, I sure wish i had taken my huge profit in the afterhours of approval and rebought at lower $4 but i sure did not anticipate the drop!
Don't have a crystal ball. I am not writing this to push others to buy and drive price up; i am sharing my viewpoint and irregardless of the nonsense written on this board at times from the traders, I remain unmoved and holding out. This game is about risk! Based on my studies, this is a calculated and educated chance I am taking. I SURE HOPE I AM CORRECT. in the end, Good luck to all on being prosperous! GET AN ONCOLOGIST INPUT ON THIS DRUG. It's worth it to make an appointment and slip him/her a couple of hundred of dollars and get their input. Print out studies and mechanism of action.