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OncoGenex Pharmaceuticals, Inc. Message Board

bullseyecatnip 30 posts  |  Last Activity: 50 minutes ago Member since: Apr 28, 2011
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  • bullseyecatnip bullseyecatnip 50 minutes ago Flag

    Agree! I admit I expected us above 10 by now; however I have not yet reduced my total shares... the journey is on a slower and curvier path that I first lead to believe. Still I believe Gary will execute an exit strategy if he can, when PPS is much higher than today, acquisitions are truly done, debt and costs at least stable and production growing... a wildcard downside is our economy... a wild card up and down are worldwide events... a Ace up our sleeve is the pipeline. While, I guess, we could get acquired any day - I doubt it happens any time soon... at least I hope not. I rather wait and if a BO could happen minimum $12-14 and ideally closer to 20 or more the longer we wait. For today, I can wait.

    Sentiment: Buy

  • Reply to

    I think PVG is expensive.

    by dphatjoe Jul 14, 2014 2:31 PM
    bullseyecatnip bullseyecatnip 13 hours ago Flag

    I think I will put you on ignore. What do you think?

  • Reply to

    Buyout? Thank Par's appeal

    by jerzylefty Jul 20, 2014 12:21 PM
    bullseyecatnip bullseyecatnip Jul 20, 2014 1:36 PM Flag

    Somewhere out there is reality and today the market says that's in the $5s.
    Hopefully, sales do NOT decline for any unexpected reasons and any increases in sales are not overshadowed by excessively high sales and marketing expenses.
    Hopefully we squeak by this Q and have proof of a solid ramp up following Q.
    A Sept - Dec surprise or two would sure be welcome... SOMEHOW get the PPS to form a new base solidly $6-7 would be a relief.

  • Reply to

    Buyout? Thank Par's appeal

    by jerzylefty Jul 20, 2014 12:21 PM
    bullseyecatnip bullseyecatnip Jul 20, 2014 1:24 PM Flag

    Par winning an appeal has about has much chance a TS's earlier ridiculous targets of $100-200-300...

  • Reply to

    The real Yellen... she's inept...

    by bullseyecatnip Jul 18, 2014 2:10 PM
    bullseyecatnip bullseyecatnip Jul 18, 2014 2:13 PM Flag

    Sell off was overreaction to worldwide events and a lack of duck tape available to seal Yellen's yap...
    In the meantime, NOTHING has changed with KERX other than they are a few days closer to approvals and BO.

    Sentiment: Buy

  • bullseyecatnip by bullseyecatnip Jul 18, 2014 2:10 PM Flag

    Disclosure, I borrow this from a poster on another board:

    CNBC's Fast Money Halftime Report (7/18/14): Dr. Schoenebaum Challenges Yellen Remarks About Small Cap Biotech Overevaluation
    ISI Grp Bio: "MARK SCHOENEBAUM is a Senior Managing Director, heads ISI’s Health Care Research Team, and is ISI’s Biotechnology & Pharmaceuticals-Major Analyst. He has been ranked Institutional Investor #1 Biotechnology analyst for the past 9 years. In 2013, his second year competing in the category, Mark was also ranked by Institutional Investor as the #1 Pharmaceuticals/Major analyst. In 2013, Mark was inducted into Institutional Investor’s All-America Research Team Hall of Fame, an award given to analysts who have earned at least ten #1 rankings."

    During the CNBC segment, Dr. Schoenebaum, MD provided data and opinion questioning what Fed Chair Yellen (or her staff) was talking about regarding small cap biotech overvaluations. He stated that small cap valuations are in line with historical mediums and supported it with presentation of historical data.

    IMO: Like I said before, Chairwoman Yellen overstepped her expertise and authority with her inappropriate and inaccurate remarks. It should be noted that Yellen was at the helm as CEO & President of the Federal Reserve Bank - San Francisco at the time of the 2008 Economic Crisis. The biggest catalysts, Countrywide Financial and IndyMac, fell within her regulatory jurisdiction and responsibility yet she failed to regulate the disastrous so-called housing bubble, subprime loans and credit default swaps that precipitated this crisis. She failed to recognize and regulate the early crisis symptoms then and now she is mistaken with her inappropriate and inaccurate remarks singling-out a specific segment of our economy.

  • Reply to

    expected news & catalysts as of July 13

    by jeremybates15 Jul 13, 2014 5:59 PM
    bullseyecatnip bullseyecatnip Jul 18, 2014 11:07 AM Flag

    Hoping for early approval in August. Oh what a relief that would be. Thank your for your posts.

  • bullseyecatnip bullseyecatnip Jul 18, 2014 10:44 AM Flag

    Good points; however there's a reality check to be considered:

    1) Most direct sales people do not hit the ground running; it can often take 1-2 quarters (sometimes longer)
    2) Sales funnels left for the new guys/gals by sales reps before them who were fired or quit often contain lots of worthless fluff (true for any company)
    3) Direct sales reps come with a base salary, benefits, and other expenses (they do not work for free)

    Its great they are replacing those lost and hopefully its also good that they are increasing headcount if they have confidence in existing built up demand, incoming leads, and upcoming near-term good news this fall that open more market opportunities. Perhaps even potential acquires are also sniffing around and vetting them partnerships or something better.

    Still holding my seat on a rollercoaster that never seems to have a dull moment.

  • Reply to

    Hi folks new to this board.

    by wm.craigbarnard Jul 15, 2014 3:45 PM
    bullseyecatnip bullseyecatnip Jul 18, 2014 8:35 AM Flag

    Dec 2011, I believe, was when Gary said they were positioning for a BO in 2-3 years, so your original timeline, like mine was correct. At that time I felt BO would higher and that we'd be trading above $10 by now and into teens. Pipeline is a good Ace Card to hold no matter if they sell it, spin-off or hold it. I'd be fine with $12-14 and believe that's a minimum Gary sells for. Although, I believe we still have potential to have BO higher than that someday... all depends of execution to their plan, which we likely don't have it its entirety (and shouldn't; especially any 1 - 2 exit strategies).

  • Reply to

    what will it take

    by pokeysun Jul 17, 2014 5:30 PM
    bullseyecatnip bullseyecatnip Jul 17, 2014 5:36 PM Flag

    World peace and duck tape over the mouth of Fed Chairwomen

  • bullseyecatnip by bullseyecatnip Jul 17, 2014 9:40 AM Flag

    • Basic Materials & Energy / #2 largest Copper and major Molybdenum WW.
    • Some Gold. Little Silver. Mines Indonesia, N. and S. AM and Africa.
    • Small diversify into Oil and Gas in U.S. 6/2013.
    • All good long-term retirement hold. Excellent Dividend. HQ AZ. MC $40B

    Open Issues being addressed:

    • Must improve cash flow.
    • Must address 25% Indonesia tax. Once done, a big catalyst up.
    • Must reduce $20.9B debt to $12B by ’16 / Good news they are quickly executing their plan to sell $4B energy assets to reduce debt and focus Gulf-MEX growth.
    TBD, if success in the Gulf a catalyst up. Sold Eagle Ford $3.1B Q2.
    May sell its 80% interest in Chili Copper mine.
    • Some feel FCX not so good now, but even those say dramatic improvements 2015 and 2016 coming.
    In the meantime, buy any dips or buy now.... sleep well with great dividend!

    IMO FCX owns things the WORLD WILL NEED for many decades to come... long into retirement

    Best to all longs and their families.

  • Reply to

    Enough of this stupidity!

    by rside48 Jul 16, 2014 9:29 PM
    bullseyecatnip bullseyecatnip Jul 17, 2014 7:07 AM Flag

    Could it be it's because some people are looking at this as
    1) N helps people who have ALZ, in general.
    Or 2) N helps people with PBA, who also happen to have ALZ
    There's a huge difference in target populations

  • bullseyecatnip bullseyecatnip Jul 16, 2014 2:18 PM Flag

    Corruption everywhere and so little integrity. if you want to take profits by all means do if its good or your short-term situation; however nothing has changed with KERX and I honestly believe with 99.999% certainty that KERX will be approved Aug or Sept. And they will be acquired within 3-9 months from now. If you are not a trader I think we will both be rewarded - BO of no BO.

  • bullseyecatnip by bullseyecatnip Jul 16, 2014 12:15 PM Flag

    I'm 99.999% confident KERX wins approval and n 80% confident of KERX gets acquired within 3-9 months!

    Best wishes to longs! And I welcome all shorts, so I can put every one of you on ignore that I haven't already.
    Shorting should be banned and it would makes markets a safer place for all investors and their impacted families.

  • Reply to

    weatherford moving

    by nomcondo Jun 9, 2014 6:54 AM
    bullseyecatnip bullseyecatnip Jul 11, 2014 11:17 AM Flag

    Not primed, yet. However... I'm VERY encouraged by hire of new CFO and very recent EVP General Counsel BOTH from Schlumberger. They will be a big contributors to selling non-core assets, reducing debt and headcount... reducing legal and accounting exposure into the future... reducing OPEX and executing the plan to increasing shareholder/their value. This will be stock in the $30s next year and 2016. Standalone they will do WELL AGAIN. BO or no BO. Still its possible that if they reduce costs quicker than planned and improve profits that someone could make a move to acquire them before the PPS gets to high.

    Long and finally optimistic again and will increase that optimism IF they gain back street's confidence by stringing more good Qs together and have NO additional new scandals.

  • Reply to

    Break Out Potential

    by bullseyecatnip Jul 11, 2014 8:05 AM
    bullseyecatnip bullseyecatnip Jul 11, 2014 10:03 AM Flag

    Hi Sr Falconi

    All is well, thank you and I hope the same for you.

    When it comes to The Street they are probably no better or worse than the average talking heads on TV and other media... they appear to find ways to make money on any side of the outcome. Time will tell on this call of theirs.

    Take care!

  • Reply to

    Break Out Potential

    by bullseyecatnip Jul 11, 2014 8:05 AM
    bullseyecatnip bullseyecatnip Jul 11, 2014 8:07 AM Flag

    Above is (not mine)... rather from... Today's The Street top-three breakout stocks under $10

    Avanir Pharmaceuticals (AVNR_), together with its subsidiaries, is engaged in acquiring, developing and commercializing novel therapeutic products for the treatment of central nervous system disorders primarily in the U.S. This stock closed up 1.2% to $5.62 in Thursday's trading session.

    Thursday's Range: $5.38-$5.72
    52-Week Range: $2.62-$6.00
    Thursday's Volume: 2.01 million
    Three-Month Average Volume: 2.93 million

  • bullseyecatnip by bullseyecatnip Jul 11, 2014 8:05 AM Flag

    From a technical perspective, AVNR jumped modestly higher here right above some near-term support at $5.32 and above its 50-day moving average of $5.20 with decent upside volume. This modest relative strength on Thursday is now starting to push shares of AVNR within range of triggering a near-term breakout trade. That trade will hit if AVNR manages to take out Thursday's intraday high of $5.72 to $5.83 and then above its 52-week high at $6 with high volume.

    Traders should now look for long-biased trades in AVNR as long as it's trending above its 50-day at $5.20 or above more near-term support at $5 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.93 million shares. If that breakout gets set off soon, then AVNR will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $6.50 to $7, or even $7.50.

  • Reply to

    Cause and Effect Of The Delay

    by rainmulti Jul 10, 2014 10:13 AM
    bullseyecatnip bullseyecatnip Jul 10, 2014 10:58 AM Flag

    Lock in "your profits," move on and never look back. Or simply say you are short.

  • Reply to

    Puzzling Stock

    by dkdt Jul 7, 2014 7:50 PM
    bullseyecatnip bullseyecatnip Jul 8, 2014 10:57 AM Flag

    If you must own these types of companies invest in something like a LMT. I purchased shares over 20 years ago and only trimmed 15% of my holdings on two occasions. Also once owned General Dynamics for 11 years, but sold those long ago.

    Owned KTOS once and added, but sold all a year or so ago for profits 25-40% if I recall correctly. Thought they'd breakout to 9-10s but they did not. Paid myself and moved on. I might consider KTOS again, but only for trade, which I don't often do.. even then there are many lower risk, higher reward stocks to own that don't have the debt ratio KTOS does and are profitable. Despite their problems, KTOS has potential, but desperately needs to reduce expenses, increase margins, and have better focus... also IMHO too many overpaid chiefs that have far too little accountability!

    LOOK AT THE historical charts comparing LMT and KTOS since 2000. It proves my point.

3.07-0.01(-0.32%)10:03 AMEDT

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