Yes, the psychological piece of owning more shares is attractive to some. They'd rather own 2,000 shares of some #$%$ stock (for example) that only two shares of Google.
Has anyone more knowledgeable than me on pipelines, ever wondered if a company like a Kinder Morgan could be a candidate for only acquiring MHR's pipeline?
My thought all along was that their pipeline value only goes up over time as MHR hopefully grows.... to ANY company that might consider them, such as a STO, etc would consider it as an important factor.
Just curious what people think.... Or is there some obvious reason why a KM-type makes absolutely no sense at all?
TR - One of the better and most important posts in a while - Thank you!!!
Building awareness is key first step. We are a nation that is too quick to prescribe. Doctors and other prescribers need dramatically MORE training in the dangers of what they prescribe especially pain meds and SSRI - especially to kids and those through 26 years old when the brain is still developing.
Oh, and they are drugging them up in prisons, too... so they'll be more compliant. You won't get people to acknowledge this one! Also drugging them up in the Armed Services because sadly so many have done too many tours.
THANK YOU again!
Only time will tell and yes, its difficult to firm up projections for the future until after approval, launch and 2-3 quarters of sales. IMO and others, Z will be approved and annoucned with 99.999% certainty today or no later than Sept 5 - Sept 8, the second Monday of Sept. There is an excellent chance that at least one if not two or both Pharma companies have already vetted the company and could acquired them within as little Sept 2014 - Feb, 2015. After that odds begin likely go down and as they would decide to remain standalone. Either way, bumps or no bumps... KERX will be very successful for years to come... helping patents, their families, insurance companies and providers.
The CEO said before that if successful, he would like to sell part or all of the company... and if we are the ones who ebb up launching it. I believe that exit strategy is still a very real possibility, now, more than ever. None of us can predict overall market downturns with certainty and that could impact KERX negatively; perhaps creating another very good buying opportunity. Very large well respected funds are long and that's added comfort... they certainly have better access to KERX management than any of us here before investing.
In any event, we are in for a series of what I think will be welcome good news for those who have been holding on tight and who refuse to be shaken by short-runs at FUD.
Hope Cramer keeps is opinions to himself on KERX. He is an TV entertainer who blows opines like the wind. Long KERX. Short Cramer.
Aug 24 (Reuters) - As negotiations to resolve an increasingly bitter dispute over Indonesian mining rules teetered on the brink of collapse, the chairman of Freeport-McMoRan Inc James "Jim Bob" Moffett flew to Jakarta for last-ditch talks.
Indonesia's chief economics minister, Chairul Tanjung, said he had got to a point where he felt only talking directly to the 76-year-old U.S. mining legend might break a deadlock in the six-month row, which had already cost Southeast Asia's top economy more than $1 billion and put thousands of jobs at risk.
In less than two hours the two men had reached an agreement, setting the stage to resume exports and restore badly needed government revenue to the world's fourth most populous nation.
Fred, Unless you stop feeding a stray animal, it will never go away ; - )
$250 yes, I recall that... this person lost it long along in my book. And I doubt, this stray ever had it. Could we see $25 (not $250), perhaps, maybe, I don't know... if independent (or in business) that long... Opti-Nose MUST be approved and become a home run and we must receive very good ALZ news (or some out other indication miracle quick like a bunny)
....then I guess you could see something closer to $23-25 in 2018, but that's a guess, as my crystal ball gets very foggy 10 minutes out, never mind several years.
I wish the ALZ results were expected after O-Nose. I'd feel better. In any event, I'd take any one-in-hand BO if I was ever lucky enough on this stock. I'd be ok with as little as $7-8 next Monday (just dreaming). $10-14 someday would be wonderful if not lightyears away. That's just me.
Baupost Group has more, better, and timely access to information from KERX management prior to investing and while adding than ANY poster on this board. Not that they can't be wrong, but their VERY large stake speaks for its self. Sink or swim, I'll take my chances with Baupost.
I feel it likely that we have excellent Opt-Nose results and that could help bring some stability and uptrend. However, if we don't get the next in-line favorbale intimation we could be in for a very tough go! Bottom line for me, is that the longer this drags on in this range the more itchy I get to sell, move on. I cringe when I think of what a fool I've been holding this so long when I could have added to my CELG, AAPL, MU, INTL, FCX, or any of my energy holdings with little or NO worries. The way I feel today, I'll probably give this another several months...
Nothing would make me happier than to see this company get acquired for any price greater than it is today, but I just don't see that as probable. I'll check back in the fall. Again, enjoy your rest of summer.
Regarding CYNO... yes, these little guys take time. Listen or read the transcripts again and I pretty certain they are considering another BO or two in the not to distant future.
OBHF - Very good points. IMO, there is not much point to following this until be get ALZ and Opt-Nose updates over the next several months, Enjoy your rest of summer.
The Street not only flip flops weekly, but often daily among its various hosts and guests... sometimes in the same segment! I've said repeatedly that there is an exit strategy for MHR. At the same time, I am increasingly disappointed that the PPS isn't in 10s... never mind 6s. Its time for GE to meet and exceed expectations that he has been setting on a number of fronts. Hopefully he follows through on announcements and exceeds targets set by YE14. I thought GE might me more like Bud at BEXP and that that story would repeater here to some degree. I think it still can and will. But I'm growing a little impatient, because I have a decent amount tied up in this while some of my other holdings have been on fire during the same period I've held this.
Despite my concerns, If you want a speculative play MHR could be ok and good for those who don't own or want to add at these levels. I have more than enough and for that reason I am not adding based on my situation.
The combined WLL/KOG companies has the potential and SO MUCH SYNERGY to evolve into a blue chip energy company that will most likely be acquired by a much larger fish in the next several years. Last I checked the U.S. will need oil and nat gas for many decades to come. BO or no BO the new WLL/KOG will do fine. Sleep well owning and stop watching daily moves and listening to talking heads on TV.
Sorry to hear about your hard lesson learned. We could use a lot more integrity everywhere! I cannot fault your above logic on KERX; especially based on your situation and experience.
I wish you the best with this one. Perhaps they announce approval and BBO the same day and we all win ; - )
Beginning to world if this individual might be Gary's niece ; - )
I remain a big believer in MHR's potential (so, I guess I could be considered a relative, too); however my confidence in Gary isn't totally what it once was based on his lack of accuracy he's missed timeframes on certain matters in recent Qs. Things just drift and drift... Its never a sprint with these things; always a marathon - I get that, but 6s is disappointing this many years into their work.
You have one of the most unfriendly banks that's rotten to its core and one of the most inept investment firms - enough said. While FCX's next few quarters may not produce the prettiest results they are executing on a plan have a plan that will:
1) Improve cash flow.
2) Reduce 25% Indonesia tax. MOU in place and being address
3) Reduce $20.9B debt to $12B 2016 by selling non-core energy and mine assets.
4) Better diversify the company into oil and Nat gas and focus on Gulf of Mexico growth.
During 2015 they will begin to show results of executing to their plans. Happy collecting dividend long into the future and all of the things they do will be needed long into my retirement and decades beyond.
Joking and MHR share price aside. Obama will absolutely go down in history as one of a handful of worst U.S. presidents in history. Perhaps #1 worst in the past 80-years.