based on what? the trial news to come soon after that? I hope you're right. I need some gains. I watch 75 stocks and only GILD, ACHN and VRTX were red today. ugh
wish it closed at 7. geez, I sold a stock at about a 20K loss (two trades, all shares) and I'm down over 10K in this. Should have stayed in the other stock as it's up 5% from my sell.
it happened man. We had 40-50 companies visit us for our compounds. Only about 5-6 gave us money (companies). We had about 10 investors pony up lots of money. They all lost out after 20 years of nothing that worked. Doors have been shut quite a while now. JNJ walked and told us we had nothing. They also said our lead drug didn't work looking after looking at the data. They were right. Another competitor beat ours in head to head trials on 5 of the 6 metrics. I am not making this up. We made like 25,000 compounds over the years. Nothing worked.
wonder if we weren't downgraded would we be in the 7's now??? I can't believe our luck. I can own the winning lottery ticket for 1.6B jackpot and have a meteor hit me on the way to cash it.
you have to understand that MRK is huge and ACHN is so tiny. It's like comparing a mosquito to a 747 plane. ACHN doesn't have resources to compete. When I was in my small biotech that went bust, some analyst said it was like we were in the indy 500 and had a go cart to drive. The guys in the lab took it one step further and said the go cart didn't have wheels, engine, transmission, and steering wheel. Otherwise, it was a go cart.
they're in prison. don't give them drugs. let them die. geez, save the money.
no as I just saw it too. Wasn't at my computer but had my phone and didn't know it was downgraded. Thought GILD took us down. How can they do that if the data is great and we hit 17-20 on the news?? they look stupid then.
okay. thanks for the message. Like I said, JNJ didn't give ACHN money for nothing. They looked at our trials and data and walked (laughing and #$%$ while walking out of the facility) so if they did the deal with ACHN, they liked what they saw. JNJ didn't like our trials, how they were run, and the science behind them. I do remember one of the JNJ people gave our DMPK person poop and said this is just BS. I just wish they'd put the data out soon. I'm down almost 20K in this now and waiting.
why would anyone with brains downgrade ACHN when in 2-4 weeks, we can have data that is great for 4-6 week period????? They must either know the results suck or are stupid.
were down with GILD. won't rise without them. we need news fast. Otherwise, 5's are coming faster than Peter North.
guess we're down today due to MRK's approval in HCV, GILD bs with the CEO/pricing of mrk drug and downgrade from leewink sheet. What I'm worried about it that by the time ACHN comes out with data, all HCV will be eliminated and there won't be a need for ACHN's drug. Guess JNJ thought of this and still went forward. Wish they'd post the great numbers and let us rise $10 a share asap.