I added to my position yesterday and likely will buy more if the stock drops further, don't be scared to buy here if you have cash on the side, you can wait a little and maybe get better deal next week? that works too, but if you don't have a position you got to open one here in the $4s
this company has terrible management, we all know that, and this is why we probably will never see 2.5B-3B buyout even when IDA gets approved, but keep in mind that Auryxia works very well, and someone one day will pay 1.5B to buy this drug, I suspect Seth is still trying to turn this around and sell for much higher price tag, but 1.5B has got to be the valuation floor, now at $4.50 the market cap is just ~500M...
I suspect the share price will be capped at $5.50 until manufacturing is back up and scripts are back to July level, so we may not see higher that $5.50 share price till 2017, but I can wait
these days I hardly visit yahoo, but I am on twitter daily, follow me on twitter @ag76_biotech
Good luck to all
Ray, it bonds phosphorus as good as any plus it improves Hemoglobin which is huge for this population and it also has less pill burden than Renvela, what else you want? can't get high from a binder, if you actually take your "I love to be Capitan obvious and annoy everybody daily with risks of investing in biotech" glasses off then you may see what I am saying, good luck to you!
most small cap biotechs will give you few grey hair, this is game of confidence, this is why only very few people actually make money on biotech stocks, most retailer investors go bankrupt within first 2-3years and leave the field, this is tough business, not only you have to pick the right stock but you can't lose confidence along the way, stay strong my friend!!
I think we do, for population that does not have elevated ferritin from years of IV iron injections, this is why recruiting "fresh" dialysis patients and CKD patients is very important, their ferritin is usually within the normal range
Guys, I finally came around and opened twitter account this week, I think yahoo is dying, I met quite a few good knowledgeable posters here most of whom are no longer posting unfortunately, but if you are still visiting the site then let's keep in touch via twitter, as I found out this week it is pretty convenient, follow me @ag76_biotech and I'll do the same
have a good weekend!
ok, thanks for sharing, however this is turning to schoolyard conversation, my friend told me this and friend of my friend told me that, whatever, one anecdotal evidence from one location means nothing, doesn't say anything about big picture, clearly there is not enough pills because scripts have suffered, after production comes back up in Nov/Dec then will have to wait for another 4-6weeks to see if we can quickly get back to July levels for the scripts, only in February will know for sure if this interruption was just a bump or may have longer term effect, in the mean time, no matter how quickly we can gain back patients we may have lost due to production halt, under $7 Kerx is a buy in my opinion
do you ever shut up? losing sleep over why other people post what they post on some mostly irrelevant message board?? who cares? are you 12 or suffering from medical condition? even if I knew I am going to live 300years I still would not waste my time on writing pages long essays every day on irrelevant subjects, I truly feel bad for you...
remember we had conversation about this one too, I sold long time ago before even p2, and then after p2 I told you that frequency of negative symptoms is not improving and it is a red flag, yet stock jumped from $27 to $50 on p2 data, I was always concerned that it doesn't have enough punch for schizophrenia and today it blew up in p3, not sure what you did with your position, I hope you sold before today...
question I have does ITCI's failure makes ACAD more valuable?
also Ibb broke above 300 today for the first time this year, I want to think biotech is setting up for end of year rally and small caps should lead the way
Kerx shows very impressive strength on good volume, it convinced me to buy back today those 5k shares I sold on that black Monday
haha, got it, compared to clueless idiot like you half of the world around you must seem arrogant...
I am proud of my good calls and I admit my mistakes, nothing arrogant about it, and even If I forget couple of my bad calls there are enough bitter losers like you around here to make sure I am reminded of my mistakes, so feel free to get back to your homework
c'mon now, TBRA was above $100 in March of 2014, it has been disappointment after disappointment in clinical trials since then and the stock melted all the way down to $5, any reasonable investor would have sold the stock long time ago, it takes a lot of luck and a mad genius to predict these sorts of buyouts, sometimes people put a quarter in the slot machine and win the million dollars jackpot, every now and then those things happen
not sure about the leak, I think part of it is just technical breakout and part of it early stage clinical microcaps somehow are in demand, CYNA and TBRA buyouts definitely shined more light on IDRA