I will not buy in at this level after pumping up so quickly by Cramer and CEO. I wonder why no insider buying except all Automatic Sale if confident is so high.
Data: Zyvox (linezolid) worldwide sale 2012 about 1.3B and US
then you lose shortstuff
That's what people said when it got to $4.50. Poor you.
cldx went to $12 right after there $7 offering , then it went to 16 and den.....
OK don't buy at this level.
I suggest that you wait until it gets to $14.96.
That would be an excellent entry point for YOU!
If you had really listened to the CEO on kramer you would have heard him say he knew of no plans to raise money at this time.
But you sound like a soft-basher anyway so go ahead... bash away...
Not convinced they will do this, but if they did, heh, the dilution to shareholders will be smaller and given whats to come will be inconsequental to the future of this stock!, drug, and company!
Sentiment: Strong Buy
don't forget Zyvox (linezolid) patent expires 2015 and Teva is going to launch generic Linezolid in 2015. do you think tedizolid will dominate the market?