This was bfr, Tedizolid was proven best in it's class, bfr ESTABLISH-2 Phase 3 Trials success, bfr the drug was given fastrack and bfr the GAIN act was made law. How can Cramer justify $6.50 as a ceiling on this company after moving along so far since the $8.74 spike 3 yrs ago? We should be at least $10. by now.
Booyah to Cramer and his sky has fallen chicken little call.
my only concern is for Ben and the boys to keep the investment traffic coming in. Short of that is Trius being bought out too early not to realize a much larger potential. Mid $8`s was my goal last month. I expected this rally much earlier. $10-$12 this summer with EU on board. $15-$20 by year end. Much higher with any new pipeline development. That given the favorable investment traffic continues. But then again as traffic slows down the resident predators get hungry and start chomping on the pond critters.
We should be at least $8.74 considering Ted is 2 yrs closer to FDA. The market seems to be supporting speculative bios now especially with less risk. Smart money is moving in for higher returns. The Euro is a basket case and the Chinese dragon is coughing up smoke so once again Ben and the boys have cornered the world market attracting new investment.
Three years ago? Beav., you need new glasses. If Cramer calls for $6.50 ceiling it will do much better. He wants his friends to be able to load up. This is how Wall Street works. You know that. Forget what Cramer is doing. He will be calling for $10 in due time.
Sentiment: Strong Buy
I am not Beav.... whatever "he" or "it" is. 7.5 was a result of option exp, and a little bit of news. The small chunks we are seeing here are not indicative of a major move. When the major players move in, we shall be moving to Mexico and making loving those who have never heard of TSRX.... but, who may have those afflictions which TED is supposed to be so good at curing, I do suppose.
he was only warning people not to chase it in the AH market, he was not saying the top is $6.5. He said it looked interesting, good chance for approval in a good market, he mentoined a very high potential revenue figure forgot the exact number I think $800MM, no negatives mentioned, only +