I think we talked about this. How can tax rate for long or short capital gains impact SK's decision to sell? Did he already convert his entire loan after the annual meeting?
Your pt of $2 is way too aggressive. That would have been possible with top line data in Q1 as originally promised. Now everybody knows the company cannot flawless execute. The post result era will be a mirrow image what we have been through the last 18 months. We can be happy if it reaches $1 after data for a short period of time. So I will be extremely happy to double my money but this is even doubtful if there is a 5th, 6th etc amendment. Sorry but $2 is delusional. Also there will be a heavy dilution again after data release. My guess is 50 to 100 million shares. That threat already prevents a strong price appreciation.
As we also know there is no business development activity where we could hope for a cash rich partner. This baby will go down the drain over the next few years. Management is completely inexperienced just hot to get the paycheck.
Obviously he doesn't believe in the science and wants to have a lot of cash in the bank to pay the outrageous exec salaries as long as possible. That's typical for a scam like mstx. Even if the results are stellar idiot Culley and his moronic associates need many years to deliver an acceptable NDA. So many more years of mounting losses.
Run by Culley?
It's getting tight with his newly changed timeline. Can the sucker deliver or just let the deadline go? What are the implications of data report late Sunday evening July 31st? Or he just pays the loan on August 1st. We will see how the story develops in just one week.
True. I had a very strong conviction but no money to invest big time. Good thing is that keryx and acadia had also very nice appreciation over the last few month. In fact my portfolio is now larger than it was 12-31-2015.
The odds are high. Additional complications will occur with the loan. Culley doesn't miss a single chance where he can screw up.
Approval is many years away and idiot Culley will do his part that this is not flawless. Sell after data will be announced. If we are lucky we can just double our investment.
Yes I have faith in the data but not in Culley. This moron can even screw up stellar results through his erratic behavior.
Unfortunately I invested at a time when he said air results in Q4-15 and epic in Q1-16. As we all know everything was delayed and on top he did a heavy dilution. This guy is criminal just trying to save his salary. Even with stellar results this thing will hardly reach $1. I assume there are a lot of people they want to get out as fast as possible to avoid the risk of getting burnt again by this moron eg delays of the nda, imminent capital raises
I hear you. Being long myself with 800,000 shares I think Culley screws us big time. This guy belongs to jail not in a public company. Very bad.
Moron Culley said Q4-15 then Q1-16 then Q2-16 then early Q3-16. Do you really believe what this criminal puts out? He just tries to save his outrageous salary as long as he can. GL