frock barrons. They started to bash the oils and drillers in august and the stocks fell 30-50% or so. Now they are pounding the table to buy them as they sold off too much. They pounded them down week after week with the same bs reporting. now they are low and they suggest buying. Frock barrons. I wish someone would blow them to the sky. They suck so badly with all the other analysts. The little guy can't get anywhere with all the power to the media/brokers.
was 19.45 on Wednesday before 2pm. now it's under 11. I bought 3000 shares at 20 thinking 25 was coming. my stupid move.
he also said gold won't go much below 1200 or the floor was 1200. wrong again. just shoot me
we need new drugs and new indications. what they have now isn't enough to move the share price. this is so depressing. Between this, gold and oil, I'm getting toasted.
and that guy they hired when the stock was 8.75 in march has done nothing for partnerships or anything. probably cause they don't have anything to sell or partner.
can't. I did and sold the extra shares. I put that money in gold two weeks ago. won't even mention how far down that fund is.
I can't even find the strength to masterbate anymore. you can forget a buyout. as for a partnership, if one was to be had, we'd be there by now. This might be the next amgn or gild but it's going to take years. I think they should find a suitable mirror company and merger together like biogen and idec did years ago. forget buyout. merge instead.
sarissa can only buy so much (like denner). At some point, they will want a gain for their investment. Not sure what they see. do they have more info than us? Do they have excess cash and are taking a huge risk? have they been snowed by mgt? for the 3 of them to put that much cash in there (blackrock, denner and sarissa), you'd think some pharma would go hmmmm and offer $25 and take a chance/develop the drugs themselves. Unless they hit a new indication or new drug, this isn't going anywhere near 10. We might be stuck here for years. Hell, at this point, I'd take 15 for my shares and move on. I think I'm asking for way too much.
with no cash on hand..........partnering says they can't go at it alone. they have to have more indications or nobody will partner with inclusig for what they have now. There haven't been any buyouts or partnerships (sans one with SNY I think) with other biotechs. The majors (amgn, gild, celg, biib, etc..) have huge stock prices and cash to do deals but none lately.
and what country are you from? yeah, no buyers. never were any companies to offer them squat. they have nothing to buyout at this time.
abx won't cross 20 for 2 years or more. I'm long over 20 and in other gold stocks and am down almost 75% in most. I am broke and gold won't come back for years. Watch some go BK if they drop gold below 1000.
get over it. I own ARIA and bought 5000 shares at 20 just before the FDA killed that company. the stock is at 6 now.