No merger news imminent until BRIG is approved and Dr. Denner may actually give the shorts one last out before it skyrockets! Revenue have grown tremendously with just Iclusig and can you imagine adding another annualized $100M at minimum with BRIG? Add the other Phase 2 drug and it will be like fleas on a dog on a hot summer day! But again it won't happen next week and we wil just be patient and buy on the dips! Seen this happen with other biotech mergers and some amaze me just on the potential. I suspect early spring and we will see if Big pharma like PFE try and wrestle it away from the Chairman! MRK got their KEYTRUDA approved and to see a large value pharma jump over 10% on a day of approval I can imagine where ARIA will eventually soar! Kind of like the excitement when the US landed the men on the moon!
Just wanted to tell you about COTV? Hope you have some shares! Looking very good today and glad I nabbed a few! Had a stellar earnings report and hopefully will continue! Sarge may be on life support today with his SPPI! Sad that shorts are like sharks after the earnings report because some analyst says the ER suggest astock could go to zero! Too many option traders as well like the ol daytraders! Anyhow looking for imminent news to effect my portfolio! Elections and September always seem tomake the overallmarket volatile! some willbe winners and well we will find out about the rest! Happy investing!
How did CERS miss on their profit by .01c? They had greater revenue by almost 20% and their expenses overshadowed that? Did the CEO hint about the CE Mark or give any guidence? Just felt like instead of burning $20M in cash their reserve would also be closer to where it was in December 2015! They should be getting insurance reimbursements and their expenses should level off. Kind of disappointed as you can see and let's see if they can be closer to $40M by yearend instead of $35-$37? Tells me they are not expecting any news or activity from EU RBC!
OK Great I bought a little but added more CERS and should have bought more ARIA with this $3 move before earnings announcement! Interesting on limit orders I get filled mainly in two transactions with 1 share filling the order! Interesting or is the MM just being accomidative? Anyhow just thought it was interesting! What do you think of MRK interest as well as others for BIIB? What company did that AVNR executive leave to become CEO? I thought it was Biogen but I could be mistaken! AMGN is also being targeted? Good luck and now back tombuilding cash! Overall market is volatile! So proceeding with caution! Tomorrow should be a FUN day! I see ARIA moving into double digits and would like to see CERS break at least $8!