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Starbucks Corporation Message Board

bbandassoc 1105 posts  |  Last Activity: Nov 6, 2015 7:28 AM Member since: May 31, 2011
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  • Reply to

    VRX is finished.

    by geomer413 Nov 6, 2015 5:46 AM
    bbandassoc bbandassoc Nov 6, 2015 7:28 AM Flag

    Having come from the industry, I don't see how this is worse than when others have gotten caught massively selling products off-label. Selling off-label is illegal. It leads to customers not using the products in question anymore off-label, investigations, fines, management changes at times, stock drops associated with class action suits, etc. But, in the end, the headlines pass and the companies get back on track with little impact on the overall future of the business or their mid-term valuations.

  • Why? AAPL can more cheaply develop this stuff themselves? They don't need to acquire them. They made a mistake acquiring Beats, but $3B wasn't a big enough mistake to make a difference.

  • bbandassoc by bbandassoc Sep 10, 2015 6:24 PM Flag

    It's absolutely ridiculous that every time a stock drops, these ambulance chasing attorneys troll for plaintiffs in hopes of becoming the lead in a lawsuit that they never intend to pursue beyond a settlement for their legal fees. It's a farce of a system, but unfortunately, laws in America are made by lawyers just as accounting rules are made by accountants; all with the express purpose to make them money and little, if any, eye towards improving corporate governance.

  • bbandassoc bbandassoc Aug 6, 2015 5:26 PM Flag

    The reason is that ISIS is a stock frequented by day traders. They buy the stock when it drops in hopes that it recovers, but towards the end of a day when it doesn't recover or goes lower, they just sell to close out their position. It has nothing to do with the company. In fact, as an investor, I added to my position at the end of the day sub-$51. It may go lower, but this is a huge winner in time IMO. There just aren't any near-term catalysts and the company continues to trip all over itself in IR by stating things that are not helpful. Like, in the recent release, why in the world do they go out of their way to say that there will be no more deals as big as the Bayer deal? It's entirely unnecessary to say and detrimental to the stock. For as positive as I am on the business, sometimes I think their IR department wants the stock to go down because they can't be this incompetent.

  • Reply to

    something smells

    by casdks Jul 30, 2015 3:15 PM
    bbandassoc bbandassoc Jul 30, 2015 11:42 PM Flag

    My reading of the situation is that they will look at it every quarter, but there is no chance in hell they will restart it until the debt is under control and oil prices as well as NG prices recover and stabilize to support the distribution as the hedges roll off. In fact, they may devote the next 3 or 4 years to using the cash to buy back debt at a discount over time, make other decisions/investments that will improve ongoing cash flow and fill the gap caused by hedges rolling off the books.

  • Reply to

    Only a fool would buy this stock

    by potassium_nitrate_kno3 Jul 30, 2015 7:22 PM
    bbandassoc bbandassoc Jul 30, 2015 11:32 PM Flag

    I bought some today and plan to now wait for a quarter or two and see where things stand. I think they are making all the right moves, but they don't control the price of oil. So, it's really a play on guessing whether the price of oil will be where it needs to be in 2017 when they are unhedged. I think it will be higher because of all the capital spending cuts, higher demand, and the need of so many countries for higher prices (e.g. Russia, Iran, Libya, etc.) who will create mischief, if that's what it takes to get prices back up where they can survive.

  • Reply to

    LINE is all done as an MLP

    by bjfcpainc Jul 30, 2015 4:13 PM
    bbandassoc bbandassoc Jul 30, 2015 4:42 PM Flag

    Every stock that drops this much in one day attracts the same cadre of ambulance chasing attorneys hoping to shake the company down for a "go away fee." It will likely start tomorrow morning, but it's a bunch of silliness really. My hope for my LINE stake, however, is that they can pursue all the available avenues to get their debt burden addressed and a level of sustainable cash flow to restart a meaningful distribution. In all honesty though, I don't think it will happen until oil prices return because they are fighting such an uphill battle with hedges falling off each year.

  • Reply to

    Man people are stupids

    by bored_man_in_office Jul 30, 2015 3:51 PM
    bbandassoc bbandassoc Jul 30, 2015 4:34 PM Flag

    People own stocks for different reasons and LINE was definitely an attraction for income seekers. Without the monthly check, the appeal is lost on many. Also, I doubt most retail investors understand the business or how to form an opinion on whether there can possibly be a good outcome without a major upswing in oil and NG prices soon. Certainly, the press release always reads ugly, even when the results to day were quite favorable, except the need to suspend the distribution.

  • Reply to

    Absolute Panic selling!

    by shivering_gums Jul 30, 2015 8:58 AM
    bbandassoc bbandassoc Jul 30, 2015 9:27 AM Flag

    I too was favorably surprised with the actual results re: cash and bond buybacks at 35% discount as well as cost reductions. I wish they didn't need to cut the distribution, but they do and it's the right thing to do, so I bought some more at $5.20 this morning. May not work out, but I think the stock should be going up after the dust settles re: the distribution and people come to realize the underlying business is more valuable now.

  • Impressive $71M cash surplus and nice production growth and, as much as I will miss the monthly distribution for a while, they are doing the right thing cutting it. They are pulling out all the stops to address their debt to avoid being a slow moving train wreck just praying oil prices return strong before their hedges run out and their debt comes due. Will be interesting to see what they say on the call about where this will all leave them when the dust settles. I am still of the mind that there are many others who have hedges expiring before LINE who may become great opportunities for adding production at bargain basement prices as well.

  • Reply to

    Great New News in NEJOM

    by pkg_long Jul 29, 2015 5:10 PM
    bbandassoc bbandassoc Jul 29, 2015 5:13 PM Flag

    Recent stock performance aside, they are laying the foundation for the future working with the best researchers at marquis institutions and publishing in the premier journals. It's only a matter of when, not if, that we enjoy a nice ride much, much higher.

  • Reply to

    Short Position

    by mohawkhh Jul 28, 2015 11:54 PM
    bbandassoc bbandassoc Jul 29, 2015 7:51 AM Flag

    Surprised the covering hasn't helped the stock recover a bit, but perhaps it slowed the decline. With all the positive data and an upcoming conference call where we know the financial guidance (year-end cash balance and NOL) will be materially upgraded, I wouldn't want to be short. And, there will be continued milestone announcements during the year. Still, what the stock does for the next year or two until they get a meaningful product on the market is anybody's guess, but it will soar when they do. I am banking on it moving higher in the meantime.

  • bbandassoc bbandassoc Jul 29, 2015 7:17 AM Flag

    Doubt management interested in $85 today when I suspect they feel they can get $200 or $300, if not more, by getting some of these products to market over the next two to four years. But, if they were to get bought out today, it would be a smaller player, like GILD, rather than one of the majors knowing that it won't add to their near-term financial performance, but at least the milestone payments seem to cover the cash flow. A big pharma would rather pay more later and get an immediate financial impact.

  • Reply to

    why would I buy KMI at this price?

    by me5816 Jul 27, 2015 9:54 PM
    bbandassoc bbandassoc Jul 28, 2015 5:44 AM Flag

    FYI, in the past couple of weeks, a board member purchased 500,000 shares at $35.33 and R. Kinder picked up another 100,000 as well.

  • bbandassoc bbandassoc Jul 25, 2015 11:59 AM Flag

    Likely too early. They buy for financial and/or strategic reasons. There would be no financial reason to buy now because there are no drugs on the market driving sales/profit. That said, I could see a strategic interest given the wide range of potential applications for the core technology (assuming the IP is valuable). Still, I think we are a couple of year away before a major would be an interested buyer of ISIS and the stock in the meantime is at the whims of the market, though one would think with a bias to move higher as news comes out over time.

  • bbandassoc bbandassoc Jul 23, 2015 8:36 AM Flag

    Yes, this is certainly a huge opportunity, even larger in Europe (600M+ people). What I want to learn more about is "just how well linked is elevated Lp(a) to the development of cardiovascular disease and, most importantly, has it been definitively shown that reducing Lp(a) levels reduces the development of future cardiovascular disease." I am assuming the answers to both of these questions are "yes", or will be demonstrated by product launch, and, if so, it's going to be a blockbuster recommended by the American Heart Association in short order (which would also be the ideal forum for presenting the data near year-end as it is usually in mid-November, if the data is ready).

  • bbandassoc by bbandassoc Jul 22, 2015 7:53 PM Flag

    The Lancet is Europe's equivalent to the US's New England Journal of Medicine. For an article to be accepted for an early stage drug is telling.

  • Reply to

    Time tables for ISIS drugs:

    by jetmanbash Jul 12, 2015 10:59 PM
    bbandassoc bbandassoc Jul 14, 2015 7:31 AM Flag

    Thanks. Very helpful update. Do you know what the milestone criteria is for this $2.15M? I presume they have a completed a certain number of the 120 patients, but don't know. Also, an early FDA decision would require unblinding the data. I wonder if this is in their plans or not? If I recall, you can unblind data, but you may have to penalize yourself on the p-value then required to show statistical significance.

  • bbandassoc bbandassoc Jul 9, 2015 5:54 PM Flag

    Besides having bad data, you are missing the point. Perhaps there are only 10K patients in the U.S., Europe and Japan for these applications of the technology and the $100M or so in revenue isn't substantial, but the point is that these applications further validate the technology that has application in huge applications elsewhere. Your Harvoni is in the SMA application, the Bayer deal for clotting, diabetes, Hep C and obesity applications, just to name a few.

  • Reply to

    Somebody called Jim Cramer

    by pkg_long Jul 7, 2015 7:22 PM
    bbandassoc bbandassoc Jul 7, 2015 8:45 PM Flag

    When all the news is good (SMA data, Bayer deal, orphan drug status, etc.) and the stock declines, it's frustrating, but just means you are getting an even better deal. The data seems to have eliminated the technology risk at this point and the partnerships would seem to have nearly done the same for the market risks. This stock will be $300 to $600 in the next 3 to 5 years IMO, unless it is bought out in the interim.

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