I think many overestimate PDP market, PDP alone will not generate 1B as some projecting, I think 500M is a lot more realistic thus 2.5B market is more than reasonable this early in the game, I don't think we will see ACAD permanently above $30 before there is news from the ADP PII trial, I wouldn't be surprised to see ACAD drop back to $22-$23 again sometime soon
Here is my indicator: when Cramer said buy buy buy ACAD last Thursday I thought he is giving it a pump for his hedge fund friends to get out with nice profit before biotech crashes again, on the other hand when Cramer says sell sell sell biotech that would be a sign that bottom is near and he is giving his friends a chance to cover and go long, that's when you start buying as well
In other news, watch out for the MNKD melt down, I kept saying for 6months now that this stock is complete BS, was looking to short it but never did:(
I am surprised it took you this long, the writing was on the wall for two weeks, watch out for market correction to take this stock further down and any recovery will take real sales which are not exactly around the corner, there really was not a good argument why you have to sit on large profit and hold this stock while watching your profit to melt away and just hoping that maybe a year from now you may get back what you have lost in just past two weeks
I own ACAd since March of 2013, I think this unique small biotech with virtually no downside, the only question is how high it will go, I have never came across any bio stock with so little downside
Bglbfrd is spillthewine under another name, he is not buying this stock he is here just to agitate you
No,no,no...yahoo is not impressive stock, you may still make money on it but it is not as clear cut, there are many dozens of stocks just like yahoo where you can make good arguments both way
What is 600B when you own ad world of everything from the USA to EU to Russia, well you certainly have to keep an eye on it and maybe change the strategy when you start seeing that the growth is slowing down, but we still far from it
FB is already growing at 40% rate and they just scratching the surface on Instagram, video ads and the messengers! the rate will go up! this is like google in 2008 I think, FB will grow to become an ad king I think, and I believe in genius of Zuckerberg
ACAD has unique well patented antipsychotic drug that is proven to reduce psychotic events, improve quality of sleep (which is very important) and seemingly has no side effects, it has no competition in Parkinson's and currently is conducting trials for the alzheimer's disease, all antipsychotic medications usually have very significant side effects, ACAD's drug very well tolerated and will be a blockbuster in this area, and you probably know well that antipsychotic medications are huge money makers
Good morning folks,
You know I am not a pumper and generally share my honest opinion about stocks, I constantly look at new and older stocks and so far I strongly believe that two stocks who are absolute champions in my book in terms of most favorable risk/reward profile are FB and ACAD, I advised my parents to invest in these stocks, I very strongly believe that both these stocks will give you at least 3x return over the next 3 years, look for an entry point, I will not tell you when to buy, that is personal decision, but most definitely you must have these stocks in your portfolio, it will be irresponsible not to...
I also think that AAPL will continue to give you good returns, I own AAPL but don't feel about this stock as strongly as about the two stocks I mentioned above...
The short answer is "most"...just too many traders looking for easy money buying in to approval run up, inflating the stock price way too much in the weeks leading to the approval, and after approval is when the correction hits, this is pretty common
Biotech is getting killed, most small bios are down 4-7% already in just few hours! Tesla and FB are getting beating as well while AAPL is up, run for safety? We have seen this before, also the end of tapering is around the corner, I think this is time to start making your shopping list, some good buying opportunities are coming, but don't rush, this sell off likely to continue for mor than just a day
No binder been tested for CKD because the FDA thinks that just phosphate reduction is not enough to warrant a label, however Z has also iron benefit and this dual action may warrant a label, however I for one don't even think that having CKD label is all that important because CKD patients who do need a binder will get Z off label anyways...
What I don't get is you hate for this stock, how you sleep at night with so much hate inside you? Obviously you have no skin in the game and your bashing the stock must be for personal reasons, what Ron and Kerx has done to you, share the story, could be entertaining weekend reading
After Oliver unloaded half his shares I don't think just 50k from Ron is significant event and the stock is already been beaten down...this should be non issue