yawn manipulation of a development stage biotech after earnings in the face of a conference call that all but told you results were ground breaking not to forget a bs downgrade. wont all of this look interesting at 10 bucks
dead man walking 3 months to live
is this: the reason for the Novartis deal was to give ARWR access to 30 hand picked ALNY patents as well as the targets needed to improve the effectiveness of the single dose phase2a results. In exchange for the sale Novartis was given ARWR stock as payment for the division which clearly was sold because they know the combo will complete the drug ARC 520. Once acquired management has put the new "tools" to work by expanding phase 2a with 3 new cohorts. Once the full dose curve is released you will be able to see that the drug works phase 2b will be a simple process of figuring out the length and number of doses required.
Dr, A is going to shock the world with the results he plans to release on "Analyst Day" a presentation of complete phase 2a results in the presence of international scientists to which he said the results would generate many peer review articles and set the mark for the treatment of HepB. Key words for shareholders "long term durable value" a suggestion that the companies research would be so significant as to provide a stream of future revenue.
The financial results were actually great the company's cash on hand is substantial no major cash burn or danger of a secondary. Anyone selling biotech's because of an earnings report for a development stage company is a fool. The algo trading to force the price down today at the close was a joke and the fake after hours sell off even more comical. they think your stupid don't cough up your shares hold on and stick it to the man, they will be on their knees begging you to sell to them so they can cover. My guess is the stock goes higher.
How much did you earn for that bash. 1 dollar? Post some more maybe you can wheel over to McDonald's for a Big Mac Friday night and load up on some miester brau to celebrate your profitable week.