I just searched a lot of news articles trying to understand ACHN more since I just bought 10K shares (and took a loss in one stock to buy them). I think the study was started on 10/16/15 if I remember correctly. Others in the stock longer will let you know for sure.
granted the market is down except biib but this junk can't go up and stay up. We we're offered about 11 a share. Denner, just take 11 and get it over with. this company only has one drug (and it's small sales) and brig that isn't vetted yet. Nothing else in the pipe to speak about. that means no news. nothing to move this junk higher. I've 250K in this turd and am mad as heck.
patents don't mean sheet. we need drugs that work. companies patent anything and everything that looks like a possible hit. only until it's a drug, does it matter so who cares if they got another patent.
I have a relative who works for JNJ (in M&A). He leads a team of about 25 people or so (minimum). they are pretty high up. I talked to him about 5 years ago when I worked for a small biotech/pharma want a be. We had about 10 drugs that we shopped around and we talked about what he did in getting drugs and companies for JNJ. He said he himself doesn't get involved under 200MM (said they spend more than that on toilet paper for a year and it's chump change). Anything higher, his whole team gets involved. BTW, he sent in team my company and walked. Years later we met again at a wedding and he said they were trash. He was right. They were trash and we went down in flames. The company is defunct now and no compound worked. We did get big pharma money from 5 firms and they all lost it on our trials. So, if JNJ got into this company, there is something there. I wish I didn't have so much in ARIA but I think that one has merit. Good luck.
hey, I had a pharma stock at 20 (5000 sharesa). went to under 2 bucks. I held instead of buying more and it went up 5X from the low. this will too. they just have to keep working and keep martin running things on the side.
I have 2000 shares in the 30's and 1000 at 3's. Will buy more when good news comes out.
don't listen to these guys. I put an open order in at 11 and it went at 3's. I have more cash to average down from the 30's. martin will manage it from prison and this will one day regain 50. might take a year or two but will. just average down and hold.
they say by end of 2016 into 2017, oil will rise. We'll have to wait till 2018 to 2020 before RIG hits 40 again.
we have to wait till 2020 before oil hits 70-80 and DO, RIG, SDRL and NE all triple or more. Will take patience beyond patience.
man, I'm 95% in DO, SDRL, NE, RIG and ATW. Getting killed. down 80% now in my accts. DO won' get taken over as Loews owns too many shares. Someone would have to offer them over $50 for Do and that WON"T happen. Doubt loews buys the rest of the shares out. If so, they might offer $25 and I'm dead.
way back said this isn't worth 60 some a share. said below 10. Close to it. I think they should market the camera for sex sessions. Put one in every room and choke the chicken to the GPRO camera. Catch every angle and minute of fun.
you've got to be kidding me. either you're not in pharma or this company pays nothing. Our techs in my last company paid 40k. Most scientists were 80 to 125K (not counting 5-15K bonuses). Then the managers got paid 125 to 200K (and bonuses). Then you have the execs and VP's. They make major cash. I seriously doubt anyone with a college degree makes 30K there.
so true. been there. done that. they will burn money on compounds, supplies, overhead, salaries. Not much time with 300MM to find a drug and get it to market. In a year, 75% will be laid off.