You guys that posted below think you know it all. And what happened with their brilliant 150M (20-25% of outstanding shares (alot)? On May 3rd it closed at 18.00. On May 4th it closed at 14.00. Companies that are anticipating a buyout don't sell debt offerings; and that's a generally known fact.
The market was up huge today, hitting a 52-high on the S&P. 90% of sectors and companies were up that had nothing to support their prices. So, a few days of upside to RLYP, and it is hitting a ceiling of resistance around 20.50. If it hits and bounces back down, then see how you'll feel.
Besides ZS-9 and waiting in the wings. The FDA did not tell AZN to reformulate it. It was clearly stated as solely due to the manufacturing process, so ZS-9 is only delayed; not out of the running to compete or beat Veltassa. Yes, that gives RLYP some time to see if they can get enough acceptance of Veltassa to bring significant monetary growth. Just remember that AZN is a huge company, and they stated that they will put their full weight into getting ZS-9 on the market.
I watch Options Action, and there are countless times when these guys are wrong, and they admit to it. They obiviously know far more than any of you know. And I can tell you when they (or Najarian on Fast Money) are so sure of themselves, and then later have to roll, sell or buy back to get out of their mess.
So, don't be so cocky and sure of yourselves, especially with a debt-ridden, running on a shoe-string stock, basing it on options that you think you can dissect, when one week from now, the options chessboard may be significantly changed.
You guys are neurotic about options and reading into them as proof that this one-trick stock will rise to the skies. What are you going to do when the market turns the other direction? Did you ever think that today was a blessing to take your profits and get out? That's exactly what I did today, and that was on a high cost basis of 19.40. You think you can predict a buyout. You think you can predict how the shorts will cover. But the real fact is - you simply don't know and could be very wrong, and regret it. I'd rather put the money into something that has much more stability, no debt, and more and faster upside.
I read all the analysts on CUDA. JMP Securities' Erik Suppiger downgraded the stock from Market Perform to Market Underperform, the firm's equivalent of a Sell rating. Every analyst on my brokerage's research platform, from Tip Ranks, to S&P, to Thomson Reuters, to Market Edge; and other reports on the net -- everyone of them was completely off-base.
This has finally taught me to not listen to these self-proclaimed experts, and make my own decision. I could now be sitting with a 20% profit in CUDA, and, instead, I have NOTHING.
Buybacks are no panacea. They are actually indicative of a company that is trying to artificially prop up its stock price. Though I'm no Cramer fan, he does know alot, and he has thoroughly discussed buybacks and how they are negative, if anything. Give us a bigger dividend. That would show as a company that you are confident about your company and its stock.
They are guilty of treason. NAFTA is a utter disgrace, and has not benefited the US, as is one-sided - these countries can import their goods here and pay nothing, whereas in reverse, the US pays large tariffs; it's absurd. TPP will create a complete disaster. But it puts money into the dirty Clinton Foundation, and follows Obama's Leftist, Anti-American agenda.
HUGE Spammer for PennyStocks. Check the large number of constant postings. OUT OF HERE!
YOU make nothing but stupid, nasty and vile remarks. You hate and stalk so many on this board, you don't even know who said they would put you on ignore. You have no life except to hate and spew venom out of your mouth, so find the person who said it yourself.
If you enjoy monitoring and stalking those who simply reveal what the stock is doing, you show your infantile mentality.. You are truly a total mental case. And, from all the people you call idiots, you can't even keep straight who told you to put them on ignore, dummy. Check all your posts to prove it - why should I bother to tell you who said this to you?
Hey, super idiot, are you mentally ill to stalk me and harass me? Put me on ignore. But you seem to have a pathological drive to conduct yourself in such a deplorable manner.
Impressive move? From what? A pathetic low of 81.75 while nearly every drug stock is up and the IBB is up 1.6%? And after FDA approval? There's something wrong here.
And what knowledge do you have? I'm giving facts about how this stock has traded; you provide NOTHING. You're good at criticizing, but what facts are you providing - NONE.
I just looked at my long watchlist of drug stocks. Most drug stocks are up, the majority are up 2%-7%. Guess where GILD is? At the bottom of the list. One can have no confidence in this stock whatsoever.
It's ridiculous and indicative of manipulation. Up yesterday and even more in AH and today in pre, and then it falls on a big DOW & NSDQ up day. You can't win with this stock.
I'm disgusted with this company. It does nothing but go down, and then when approval news comes out, it rose a good 4% Tuesday, and then up more in AH and today in premarket, but then on another big up day, it falls 0.5% below its close yesterday! Other drug stocks don't do this; they have an FDA approval, and the stock goes up for a substantial time. What excuses will the sunshine and roses lovers of this stock give for the overall stock action? See what Barchartcom has this listed as: 100% Sell.