You can imagine me to be anything you like. But the fact remains that when I began to caution you against betting the farm on this stock, it was at 9.5. Facts are stubborn things.
From the domestic airlines' point of view, the risk is not Americans shunningEurope because of terrorists, but foreign tourists shunning America because of our strong dollar.
Rats are ubiquitous. Paris proves that man is good. The travel agents say "Rio is the Paris of Latin America" or "Amsterdam is the Venice of the north.". No one ever describes Paris as "the Rio of Europe" or Venice as "the Amsterdam of the Mediterranean".
The traders can short it and take the price down. But the market knows it's all a tempest in a teapot. The traders will cover and get out, and the stocks will rebound. Hard to be too early.
I never claimed to be normal. And I don't really care if you take a flier on SGYP. If they get past the NDA, it will probably run up a bit. Although I think that it won't go that far and that the MM's will short it back to you and take it down again. I think, however, that those who have most of their liquid assets tied up in this and believe that it is going to make them rich are in for a rude awakening. Fortunately, many of those folks seem to have departed. To be frank, my presence here was motivated by indiansfan407, who showed up on the IRWD board crowing about your great trial results and predicting doom for IRWD. When I ventured over here to demur, I was assailed as "a stupid desperate short". I have been stupid at times, but I've never been short this stock.
I did quite well buying airlines after 9/11. Then got beaten up trying to short cruise lines during the SARS epidemic. Then did very well buying AAL, DAL, and CCL during the ebola scare last year. The intention of people to travel has a lot more to do with currency valuations than with the fear of being mowed down on the Boulevard St Germain.
Our best visit to Venice was a few years ago when the US State Department had issued a travellers' warning (gondola highjackings?). It really cut down on the number of tourists. I'll take Paris over any other city on earth anytime - particularly if tourists are staying away.
Yes, but I find his couchside manner a liitle annoying and he's not a very good listener. He is accusing me of impersonating a "big bad short", when i have repeatedly stated that my only interest here is a modest long position in IRWD. Physician heal thyself.
I just gave you a "thumbs up" for stating what I have claimed all along: The short position is in the hands of the MM's. The stock has been listed as "hard to borrow" for months, which tells you that there are no shares available for retail speculators to short. I have always denied being short - although the idiot longs on here will insist otherwise. Their alternate fantasy is that I am paid by some sinister third party to discourage them. As if watching the stock fall from 9.60 to 6 wasn't discouraging enough.
A "Freudian slip" is a statement which inadvertently reveals the underlying truth. It's about as unlikely for a sufferer from chronic constipation to misidentify himself as a sufferer from chronic diarrhea as it is for a 400 pound man to misidentify himself as an anorexic. And if a stock which has fallen from 9.60 to 6.05 over a period of three months is the best stock you've ever had, your expectations are low.
Posts that Orbimed holds only 1.4 million shares as of third quarter. When I correct him and say that they actually hold 2,276,648 shares, he fumes and calls me a liar. Why is he trying so desperately to hold this powerhouse stock down?
Forgot to mention the imaginary buyout (any day now) and the imaginary prices to be paid for this money pit. Q: "Indiansfan, do you think we'll get 40 a share?" A: "Probably not 40. More like 20 or 30."
(Not to mention all the imaginary id's on here.)
The numbers are from Ironwood's last quarterly report. The fantasies here are entirely on the other side: The imaginary 500,000 shares held by Indiansfan, the imaginary Lamborghini bought by his imaginary friend with his imaginary profits, the poster here who says he has taken both Amitiza and Linzess for "chronic diarrhea" (?), and all the imagined huge positions held from 2 0r 3 (stupidly). The only thing real are the profits the MM's are making playing you.
Another classy post from King of the Longs - he who boasts about holding 500,000 shares ... but later chortles about snagging 1,000 shares for a datrade. And now we have higer, who says that he has been taking both Amitiza and Linzess for "chronic diarrhea". What a bunch of pathetic losers.
Fender will make more on this than he did on the royalties from "Wasted Days and Wasted Nights". But compared to what you will make on your low-basis 500,000+ shares, it's chump change.
PS You are calling me "liar" for correcting the "bleeker" idiot who said that Orbimed held 1.4 million shares. I pointed out that they held more than that.
You say that you took these two drugs for chronic diarrhea? I think you mean chronic constipation. Not a mistake that an actual sufferer would make, I think.
If you Google "Orbimed 13f"," Bridger Capital 13f", etc. you will be directed to a site which has the current holdings. It should be the first thing that comes up. The initials are "WW". If I name the site, this post will be taken down as spam. Do a little work, you slug, instead of calling me a "liar". I look at these 13f's every reporting period for Baker Brothers, Perceptive, Orbimed, RA Capital, QVT, and several others which I consider the most knowledgeable pharma investors.
As for all the nonsense about diarrhea, the facts are that 550,000 prescriptions were written for Linzess in the third quarter, a 38% increase from the third quarter of 2014. More relevant is the persistence ratio - the degree to which patients refill their prescriptions. The ratio for Linzess is 40-60% higher than that of Amitiza and other prescription CIC drugs.
More proof that only bearofbleecker posts bearing the "c" contain accurate numbers and facts. All others are pathetic impostors.