I respect your posts but i get a sense you are dancing around certain details. Even if equity survives and they receive DIP, how will they finance that new debt? By diluting? What percentage will that new debt be compared to surviving equity? Greater than 100%? i have a tough time seeing the surviving equity being any larger than the existing market cap of gtatq as of today. Do you?
He simply reads the script that his hedge fund investors hand him. Helps explain how this company has been in business as long as it has and never been past phase 2
Its pretty clear they will pump the 3102/SOVALDI data first to soften the blow of the 3422 release. Hmmm, i wonder why they arent releasing data on 3102 by itself, w no sovaldi, like other companies are doing w their 5a's? Lol
As usual you have trouble making accurate statements when you state:
"That means ACH-3102 could conceivably shorten treatment duration to eight weeks for far more people than Harmon."
That is grossly misleading. 3102 could not shorten duration by itself. It would have to be 3102 plus sovaldi, which achn does not have any rights to use commercially obviously. Even if 3102 plus sovaldi results come back as good as you hope (notice how you say "could conceivably", ie longshot) no one sees 3102 as best in class in the industry. There are literally half a dozen cmpds out there equivalent to or better than 3102. What do you think would happen if BMS co dosed their 5a with sovaldi? The results would be the same or better than 3102 plus sovaldi, The only cmpd big pharma might bid on is 3422 and i love how you longs are starting to wake up and smell the coffee and are shifting the conversation from 3422 to 3102. Very amusing.
Another big buyout (merck and cubist) by another "rumored" achn bidder and of course they passed on achn yet again. But dont worry , one of these months or years the rumor will be correct, or so you hope
Finally remember, when oil was at 140, how quickly violently it collapsed to 40 and then how quickly it rebounded back to 100+. Gots to embrace the volatility
The eurozone cutting after us cuts both ways. When they (the euros) are behind the curve on rates yes the us$ deserves to strengthen and oil priced in us$ will drop. But what happens when the eurozone has record low rates (just like we ve had) and they are stimulating and meanwhile our economy is doing fine but we have to raise rates to slow our growth/inflation down. Will the us$ stay strong when europe has stronger growth than us.? Enjoy the crowded trade as long as you can
Great post. You know what? Oil may very well hit 30. But it will prob still trade back up to 100 in the not so distant future. Lately all these traders love volatility, take advantage of it and take the same side of the trade, and that trade now is long dollar/short oil. But that trade is starting to get crowded, and when it unwinds and everyone is on the same side it will be just as violent to the other side of the trade......
So you claim. You might also have been long at 12 when it then proceeded to plunge to 2.5. But who really knows. All we know for fact is you flip flop on this as you trade it. We know you flip flop, if you are making a profit, who really knows?
We shall see, this co has still never been past p2 ever, fact. The other fact is i have had no position in this stock in the last 4 months, altho i may initiate a position after they announce 3422 results. One thing is VERY obvious. If anyone goes back and reads ur posts/quotes over the last few weeks: you are a complete self serving hypocrite.
And oh by the way, while i was pointing out some potential negatives in managements statements (or lack thereof) and the structure of 3422 , w its deuterium, and the fact that no deuterium drug has ever made it by the fda. You were also shttalking the stock recently so i guess it moved against all your stupid notions at that time also? Lmfao
Tremendous q, bought a little bit before market close. Wish i would have bought more but maybe i will get an opp this am
See if ur gonna get out in 2 months why pump it now? You should be trying to accumulate at lower prices if you are bullish. Makes ZERO sense what you say. But whatever floats ur boat. Might try posting some actual facts if ur gonna pump. You sure do excel at vagaries! Lol
Dude you look like a desperate loser when you pump this on other boards. If the results are going to be so good why the pump w no details and just vagaries? You looking to get out like RA? Lol
It tells you alot about monotherapy imo. Also months ago, early in 3422 trial, they would say there was no tox signal so far, then two months ago they stopped saying there was no tox . Why? Now all they do is talk about trials of 3422 w other efficacious compounds. Why? Is it to get the dose down because of a tox signal or because its not that potent or BOTH? Nobody wants the 5a compound, big pharma has known about it for years and never bid on it. Its too far behind and not good enough