Hey Frogs...about time FED grew a brain. They need to be very very slow and cautious with rate hikes. When they raised 11 times in a row back in 2004 era they essentially lit the fuse for the financial crisis of 2008. Super low rates led to the advent of real estate speculation and poorly underwritten loans. Once everyone was all in with speculations (and the greedy bankers had packaged up the good with the bad) the FED whacked up the rates. All those variable loans got real expensive, really fast, then Hurricane Katrina doubled energy costs and inflated food costs...so with all that money being sucked out of wallets, it was only a matter of time before the defaults started. When the defaults hit the whole thing collapsed like a house of cards since there was no regulatory (on the CMOs and CDOs) or underwriting foundation (on the mortgages themselves) to support the avalanche (all accelerated by falling home prices as supply massively outstripped demand). Anyway...what's good for NBIX is good for me :) Stay Well sir. AKUG
I got three thumbs down on my post. After the attacks this morning in Brussels can Apples position on unlocking terror phones be justified? How many more tragic events need to take place before common sense prevails? Horrible tragic events and Tim Cook and his team of lawyers are still sadly on the wrong side of this.
Not really sure this is a big win for Apple. Feds cancellation of hearing is more likely about FBI finding a way to break encryption and/or not wanting to reveal their methods in court. I am all for protecting privacy...and oppose big brother tactics...but protecting the cell phone of terrorists is simply wrong on the part of Apple. Had those psychos killed 22 Apple employees would Tim Cook be protecting the phone? I think not.
Dow recovered nicely from 2/11 bottom for over a month now, but too FAST. Due IMO to retest the 200 day avg and AAPL to participate in that slide back. No real positive catalysts that I can see and a little selling pressure will go a long way here.
I would say not. IMO we had a cycle in of buyers loading up for the next leg up and traders selling shorter term shares for quick gains. I believe we return to that environment where shares are held more tightly and are shaken loose only with higher prices. My opinion cannot account for large sector bashing, so one never knows, but the midday selloff was met with buying and I think that speaks to share demand.
I remember this movie....this is one where NBIX has a sweet drug (Indiplon) and an awesome marketing partner (Pfizer) and then the FDA blinks and I lose 50K on my 3.7 mile drive to work.
Of course I hope that horror story is never ever repeated, but let us count no chickens prior to the hatching.
Long and strong since 1998.
Frogs...I believe our incredible patience needs to be rewarded handsomely! If and when that day comes..I will surely open a bottle of your namesake.
and there was much rejoicing.
I believe buy-out is inevitable. Some debate over the last year on the Investor Village message board as to whether or not NBIX is poised to be purchased or stand alone, but the trend in biotech is Big Pharma buys development companies at the appropriate risk/reward point and I can't believe the NBIX management team will balk at a giant payday. My shares are available for $109.75 for anyone who wants them :)
VMRI has ZERO revenue ... and its balance sheet is ... ahem... a total joke. On an accounting basis insolvent. VMRI may be an infant and may someday be a company...but please folks do some DUE DILIGENCE before investing. A pure speculation... #29 on any roulette wheel is available too...and just as likely to pay off.
Nodding. the Motley Fool noted potential of future cash crunch. EXEL strikes while the iron is hot to raise capital. Dilution = bad but Running out of cash = disaster.