lol you are claiming victory of a small pop. I do consider it more conviction but still not convinced. we'll see if they can pull it off and turn it to a 1bb market cap co.
I'm still here you bought at 6 it is 8 today what did I tell you? There would be more opportunities to buy cheaper and if it didn't go like I said u can still buy cheaper. This didn't prove anything other than they could clear the first hurdle let's see how they get past p3 and get fda approval.
It still hasn't cleared the 52 week high and you claim you are right?
Meanwhile my hrtx is still up 300% for the year and hit 52 week high yesterday.
It is a proven drug that has time release. Think of it like tylenol good for 48 hours vs 12 per tablet. Works the same just longer. No its not priced in. Prices in is 60 bucks like pcrx but this is better.
Comorant bought 1.9mm shares, explains the rise up last week, they were buying relentlessly, even better it wasn't short covering, so we have a new trading range coming shortly 36-40 on tighter share, 12% short positions, when news comes 40 to 55 on short covering again.
bear sterns? no, Fannie Mae Freddie Mac, No, AIG, No,
What would cause 50% market correction. I say test 15.5 then back up.
I'm not bragging. I'm telling you how life is in California. I choose to live here because that's where all business is for what I do. There is no smoke here, and no need to compare because you're the one who's in his own world. I didn't cheat myself out of $90 per share because it's only at $100 and if you were that long term you wouldn't have sold.
I don't care who you are or what you do, we're talking about GWPH and where it will be going I can back it up just as much as you can but when things go south then you'll be eating your words. I can care less because my track record has proven I've made enough in the long term.
Click on my name and see I been here since 2001 but I actually been trading since 1998 but Yahoo changed their format, so I resigned with a new account then.
Good luck to you, I care less about you.
why don't you read my original post and see that I was in this also from 8 to 40. I live in California and a regular decent house here cost $2mm in the Bay Area and my kids school cost $45k a year per student. So even if I have millions it is never enough. I do not post drivel here, I just post what I know. You wouldn't know how a few millions is nothing and what one would do who has it because you said yourself you don't have it.
Good you were buying the London shares before it was listed here. I found this company while on business in London 2 years ago and I heard someone from the company over lunch talking about GWPH and why they listed in the USA to get more exposure to the stock and how it has much more liquidity here to raise capital.
I have many friends who made money off this stock and admittingly I let it go far. Did I lose money here? no because the day i posted at $120 i bought the puts for Jan. I will hold them and they are derisked investment because I made a killing on other bio before this correction.
I only hold HRTX which competes against the cancer pain in chemo indication, and basic pain so I will see my investment there way outpace whatever happens in GWPH as my hedge.
I care less about those other indications GWPH because I know there is a 30% premium built into this stock because it has guilt by association of being a MJ related drug co. You got the cramer pump a few days ago, and you will see how his pumps are 40/60 accurate in the long term.
I consider GWPH like a TSLA stock, it is not about valuing its hype today, but over the long haul. Long term puts is the way to go on this, so I care less about short term fluctuations. I only come back from time to time to remind those I told them to be cautious. All you care about is your own position to prop your paper gains.
Less credibility? I been here probably before you even knew how to fund an account. I been an acredited investor for 10 years. I've seen many drugs approved in other countries that don't get approved in the USA many times. The premium placed upon here is for US market.
I'm talking about the indications going through p3 for sativex it already failed one of 3 trials. Gold luck with your arrogance you will be changing your posting alias soon when you are wrong and everyone sees your overconfidence and arrogance makes you a fool.
This is held by less than 50% institutions. Even the likes of baker owns nothing of gwph. Look at amrn and you will see what guy Geoffrey does when he makes his millions.
Just checking in here, it's been 30 days from when he said it is poised for a strong rebound, and we're still in the same place.
it looks to me as they make it look bigger, they will burn more cash to warrant higher salaries and expenses. Look at the chart of AMRN and be weary of what can happen with GWPH. The fact that this is not over subscribed by major biotech institutions make me worry.
I rather be wrong and lose out than wrong and lose money.
9 thumbs down goes to show at least 9 people are losing in the past month. I am not a basher, but those that were insistent this is cheap at $120 only say things to promote their own stock positions.
it is now going below 100 where i said it shouldn't have been. then when sativex fails down to 80.
that is the best. they do not care to raise shareholder price for no reason. It gives us long term buyers opportunity to just make money elsewhere and then put the extra profits into a stock like this. The benefit is you are not buying on a up and down stock that you don't know the value. The value here is the value they keep the price at for months, and buyers/sellers have a good idea of where they want to sell because they either have extra funds (buyers) or need funds (sellers) so they sell knowing they can rebuy at a later time.
We longs know that this has potential, and it stays at these levels because there's no shorts who think it is overvalued. The worse downside if market crashes like china is $1.80 but upside is $4-5 if news hits positively.
If it goes to $1.80 if every it will rebound quickly if it was due to market crash. If it gets to $1.80 because of some bad news, we have enough future potential so you can buy more it's not the end of the world, because they will be able to recover from there. This is not a dwindling biotech that is burning cash with no hope. It is one that has proven compounds and pipeline plus revenues so I love holding this under the radar co!
I have several on my watch list, but most are catalyst based and I purchase closer to the dates simply because in between the market can gyrate and it is dead money. The exceptions to that is I have share in ABIO and OGXI which are long term and I will just hold. ABIO seems to have a heart failure drug that works to a set genetic pool of around 50% of heart failure patients. They failed trials because they didn't know it only worked for subset, but they know it works with a specific pool that they partnered with Medtronic to identify.
OGXI has a cancer blocker that helps extend lives of some cancer patients, which I believe it is effective vs chemo alone. This is late stage cancer patients, but my understanding as long as it consistently increases life for a few months it still is worth a lot.
Non opioid pain medications which will be doing p3 soon. Factory worth 75mm revenues cash flow positive. Trading 110mm. Solid management team Gerri Hen wood started auxl and sold for 2+bb. Broadfin owns 22% excellent investment record.
Drugs are proven analgesics for post op pain less rescue meds neefed. Safety profile looks admissible