still early days here. around $42 or lower i will buy and lock it up for 10 years.
what a lousy outcome to a promising drug. wished the results had been better and more lives could have been prolonged and we make some money here. this will hurt for a while..
lifetolive7 . your 1 line reminds me of a poker player holding 4 of a kind hand and couldn't contain his smile , i will add a very small position on this seabiscuit tomorrow .
i hope you are right just as you were recently with sunesis. many many lives will be thankful if SAP gets the green light next year
its a non event imo. but hats off to you if you manage to predict the sequence of upcoming (positive ) announcements correctly.
I havent sold any shares winston and i am not soft bashin. Not sure why u have that idea. I am just dissuadin short term punters from coming in. They are the ones who will panic and cut losses at market and play into the hands of the short sellers and market players. The more long term players we have the less overhead selling pressure we will see .longs will do good in this one.
if we have chump change or can't hold the stock for 2 years please don't buy cycc. the market makers and short sellers will shake you out, make you lose patience and force you to cut losses by pressing down prices. to $2.8. The last thing we super long term holders need here is weak holders punting for 50c -$1 move
years would be better. it will only mean those enrolled patients have lived past 1 year which is way above the median for AML patients.
this stock is for those who are prepared to lose everything. if we only have chump change and can't hold for the next 1-2 years this stock is not for you , the short sellers and market makers will press down prices and shake your guts , make you lose hope and patience. you will be the fool. cutting losses at $2.8 and then chasing up prices at $7
in terms of market cap upwards of 1.5b. it means there's a much higher than 50% chance that MDS outcome will also be favorable.
this stock is not for you. you are the ones the market makers and short sellers trying to force to cut losses.
we didn't fall in love with the stock. we are just taking a calculated risk on stock that has a market cap of 60mln . its all money waiting to be written off our lottery ticket with no expiration date
galileo tried for many years to tell the catholic church about the planetary system etc but was called a mad man "gravely suspect of heresy " etc. nobody knows for sure what will happen next year. but we longs like to take this small chance for a small price. if you believe L2L or the longs are wrong then keep shorting the stock instead of talking trash. weak longs please avoid this stock. you are the ones buying at 2.9 and cutting losses at 2.7. this stock is not for you
snss market cap was $400 mln on friday . a high market cap doesn't mean the company is more likely clear the FDA hurdle. neither does a low market cap mean it will fail the FDA hurdle. At its lows pcyc had just a market cap of 40mln. Its now a 8bln market cap stock.
as i understand it. its a cocktail of drugs together with cytarabine in the old chemo vein. still the same dance current chemo patients go thru. If FDA approves it . i'm gonna add to my cyclacel position.
can't cough up $3k to hold a 1000 shares and lock them in a safe til 2015-16. well so be it. whoever needs to sell please sell and move on and dont ever come back. this stock is not for you.