hof,actually Sustol should be in market by 2016. They were formerly APPA and completed two CRLs of which the last was basically regarding a manufacturing process that the new management has since resolved. They also decided to do one more P3 for a new type of delayed HEC that ASCO had recently classified, which will give them if approved the first approval for that indication. I am not saying that anything is guaranteed, but as you said there is limited downside there and positive upside, bec they are so close. Look at who's involved there and who has invested and you will know how much confidence they have in what they're doing.
That is what actually got me skeptical about LPCN, like I said I liked most of what I heard except the management team, if someone can point me to show they have a great track record, then most of what they are publishing I will believe. Life is all about integrity this day in age.
the danger of calling someone else names is that you don't know what the heck you're talking about and you expose yourself. you calculate positions of a company based on the outstanding shares, not float. I won't even bother calling you names because you said it yourself. you are who you call others, because you're wrong.
even if I explain it to you, you won't understand because you don't even know the diff between float and the outstanding shares. I would teach you but you don't deserve it because of your ignorance.
again you simply think because you don't know you're responding to on the other end that they are lesser than you or dumber than you. I manage many people, motivate and lead them. I have no need to feed my ego or be a legend of my own mind because I know what my agenda is and I can tell you and everyone else's agenda is to try to make a buck off someone else.
sustol based on their estimates is at a $500mm/year market, being superior if they get even 50% that is 250-300mm. it may be smaller than what you have in mind for TRT but I rather go for something that is almost sure to be approved, and deals with patients that need the drug due to pain and life difficult experiences as that of CINV.
You hit the nail on the head that biochronomer once the market gains wind of it being applicable in more than just the CINV/PONV they can use it for other drugs in slow released delivery format, we can see much more partnerships as they generate income on drugs they bring to market. Their second lead drug HTX-011 competes against Exparel another drug in the same market value as Sustol, and PCRX which released Exparel is already valued at 3bb just from that drug alone. So it is a no brainer at $500mm market cap, there's still lot of upside from these levels what HRTX can do. I will sitback and wait as they have a more seasoned, experienced management team with a great reputation.
1. what does low float have to do with whether they have good fundamentals.
2. even the worse companies can manage to have no debt if they issue more shares.
3. i am not a scientist so I don't know how blood results prove the drug is good or not. even if a doctor will say they are good, it doesn't mean it will get approved.
4. safety is stellar because it is simple testosterone hormone in pill format
5. easier doesn't always equate to fda approval
6. i do not disagree at all. in fact that's why i came here in the first place when i considered it a great opportunity.
7. why put a second to cannibalize your own, unless you are sure about the first. this is not an Iphone where technological barriers withholds production of a future model that has cost prohibitions that later are lifted.
8. that doesn't mean anything. many biotechs file NDAs knowing the chances of them getting approved at first go around is successful.
9. low float, good news is all speculation.
i am suspect that some management and people close to the company are posting here that's why they take it personal. frankly as a shareholder i would truly care less about what other people say that are false if i truly believe my company has something to value the stock far greater than what it trades. only those like the Lumber Liquidator guys keep defending the truth when the truth is against them.
bottom line, there's a reason why institutional investment is less than 50%. If you think you are smarter than institutions who manage millions of dollars in funds, then you wouldn't need to be worrying about the day to day stock price because you have too much money. that puts you in the category of being like me trying to share your opinion that would help someone who would appreciate it, or someone who has a vested interest to tell someone anything you want them to believe just so you can make a dollar from them. I choose to be the former.
when the body is deficient in producing a normal hormone, supplimenting it for prolonged periods can cause it to produce even less of the hormone. the key is to address the issue of why the body is not producing enough.
if you have a brain tumor and you get constant headaches, tylenol will not solve the problem.
why am i posting here? because i found many pumpers and hypers here that were luring me into believing a $7 stock can go to $60 and the way they say it is like it will happen within a few days of the announcement of a partner that is pure speculation. Simply because I post to warn others of the truth surrounding the stock, the others will choose to make personal attacks and childish talk just to discredit what I have to say.
yes if i post here for pure commentary and opinion which comes from the nature of trying to help others, many will not believe it because they are too are the ones that are so suspicious of themselves because they don't ever elect to try to help others, and they themselves have their own agenda to profit off someone else's failures or shortcomings. (selling the pump to the ones in the dark)
meanwhile, I will tell you there are two stocks that look better which are HRTX and REPH. I am not hyping there as you can see it is simply passing on a good word to someone who may need it. Go ahead and short my stocks, it only gives an opportunity to buy more at cheaper prices, because fundamentals inevitably are what causes stock pricse to go higher.
btw, based on my research I did sell my small position a few weeks ago and decided I will reenter if management proves they can move things forward and after I am sure they will get smart money into their products. it might be on the later side of the opportunity, but no stock that's good goes to 100% potential growth and valuation unless It is a scam. in other words, the prudent want to invest is buying a great company at a good price vs a ok company at a great price.
admittingly I was attracted to this stock based on what you said yourself. I bought a tracking position in the stock and started trying to accumulate before it got momentum toward 8 a few weeks ago. I then did further dd to check what is the best price to accumulate and bottom fish if the market took a tank like it has in the past week, but found things I didn't like.
those that think I am short or bash the stock are emotional and just in denial that what I say may be true or make sense or are just stock touters that want to hype up the stock quickly and sell on the next technical spike and dump.
I actually listen to every available conference call available on the web, analyst reports, 10k and 8k's etc. what I found was this company lacked solid management team that was proven to pass through clinical trials a drug, and market it as well, let alone have strong partners.
they reversed merged the company to go public, akin to a rich kid failing to get VC for his startup and instead going to their rich parents for funding. When's the last time you've heard of a startup go big without successful VC?
Some people remember myspace, they were targeting same social media space as facebook. first doesn't always equal the best. Entrepreneurs know you go too early you can die, you go too late you're already dead.
so you resort to name calling when you can't back anything up with fact or educated reasoning? has any of my posts been rubbish here? only the ones that keep posting speculative, hype and wishful thinking are upset at my comments and opinion because they just want to pump the stock and sell!
this is a reverse merged biotech, last year was the best time to IPO any stock, if they needed to go that route the writing was on the wall they didn't have the proper management team to get things running right.
U didn't read the press release. They have a manufacturing facility they purchased with the 50mm orbimed loan for a business that has a phase 3 drug and manufacturing with 70mm annual revenues and cash flow positive. Read before u open ur mouth
why are you singling people out? i am here to set the story and the facts straight. all you guys who have these arbitrary targets are just trying to pump the stock so you can get out. at this level I will tell you REPH is a much better stock than LPCN. It has way more going for it.
tell me why it's going to $6.00? you do know you're the only one talking to yourself here, it's only me who's replying to you and you are really worrying me. haha. why should I listen to you? do you really think a measly $60mm market cap company with less than 200k average volume or less than $2mm worth of stock trading everyday has lot of small weak hands traders that will get scared at your sell now it's going to tank approach?
you just got stuck into a low float thinly traded short position that you are trying to unwind. Sorry $6.00 seems highly unlikely and if it goes to 6.50 I am buying more.
what is BH succession plan? If he gets run over as CEO, who does he have in place? even buffett has one in place. Is he saying he is indispensable? why then shouldn't he let someone sit in as CEO for 2 years and let's see if he can allow someone to run the company.
he cannot because he's already made this his piggybank.
it's obvious that biglari is trying to fool small shareholders by pulling the wool over their eyes. this guy is a smart guy but delusional and lives in his own world, it is a matter of time he crosses the wrong path with much more powerful people as he climbs up, which will inevitably be his downfall, because trying to outsmart in life will only get you so far. To get to the top you need to work with the guys that will bring you there, not work against them.
15 to 90 is much better than thinkiing 90 to 500. most pcrx will go from here is 300 if it even gets there before hrtx completes their drug next year. Their primary is Sustol, which will be sold beginning of next year. from 15 to 40 then 40 to 100 just like PCRX. at about that time they will then be selling their exparel competing product which should also take it to 200.
well that proves the point the pumpers were trying to get the stock price higher than it needed to be if a weak market can pull the stock price down. obviously the pumpers can't explain why they were pumping at 8 when the stock is now closer to 7. and i am saying it is better to buy it at 6 if they aren't buying then why should they tell us to buy.
I'm not a trader like you. Why should I sell just to speculate. In as much as I dIdnt expect it to go to 9+ today I don't expect it to go 5 or 6 tomorrow. What makes u so sure it will go there when u didn't expect it to go here?