First of all with few exceptions every biotech that releases a drug will say the price will be "competitive". You can ignore that till the drug is released and see what the price really is and how the drug insurance companies who pay for the drug deal with it. I'll let you figure it out, but consider if I am wrong, why is the price of this stock $7+? They have a "new drug " approved...they have a good partner...so why is the stock $7. If you think this drug will be a slam dunk...you are a fool soon to be departed from your money. Now you may continue your name calling argument.
In 30 years I never had one patient tell me their injection site was severely painful or moderately even for 30 seconds post injection. They seem to accept it or it just wasn't bad enough to complain about. As a matter of fact, the biggest complaint from insulin users was the blood sugar testing in their fingers. And all Diabetics have to do that no matter if on insulin or not.
Who pays for recommended drugs? Drug insurance companies do and they will block the use of new drugs as they usually do with Protocols and High Co-Pays that no patient wants to pay. Especially with so many other generic products available with low Co-Pays and tiny needle insulin Pens that patients love. Also, some doc's have been recommending early start insulin for the T2's for many years...its not a new theory. Some of you think its "new" thinking", its not. I heard that talk over 15 years ago. So having an inhaled insulin will not see much of a bump on early insulin use. Sorry guys, this drug will be used in only a few "special cases " ( recurrent MRSA skin infections, severe bleeding disorders, poor vision, maybe documented Needle Phobia, etc ) . Maybe 1% of the Diabetic T1/T2's. The MNKD story is in the technology for other drugs...Not inhaled insulin...by the way - this has already failed the stockholders with such a poor showing-very low price targets etc, . Now if you want, take a little more Kool-Aid.
" Afrezza could be used as a first-line insulin for almost 8% of type 2 patients "- 8% first line NO WAY...yeah and your seat cushion could be a flotation device....Dude Afrezza will be lucky to be used for 1% of the Diabetics t1/t2.
Wow, this stock is a JOKE.
I hate it. It doesn't exactly roll off the tongue does it. BUT it is very unique sounding name. So
for that reason it may be a great choice.
Sorry for your pain, but another antibiotic just won't double your stock from the current OVER PRICED $10 to $20. NO WAY, NO HOW, NEVER.
CEMP ....really. They have that one P3 trial going, its an antibiotic ( I believe in the same family as Zithromycin, correct me if I am wrong) ...unless its an incrediable "Gorilla-cillin " it will be one of many antibiotics and won't make " big headlines" the way anti-cancer drugs do. Today with Big Pharm...one great antibiotic gets replaced in 1-2 years with another BETTER antibiotics, Zithromax may be an exception. Not to mention CAMP's drug is for Out-patient moderate pneumonia. Heck doctors still Rx Zithromycin - cheap, long acting. For mild mod MRSA- they can still use Septra sometimes. Right now depending on where the P3 trial is you are looking at 8-12 months minimum for a NDA-MAYBE. It would make a nice speculative investment under $5. Now its $10, I wouldn't touch it. Why? There are just too many antibiotic P2 & P3 trials for antibiotics. Tons of competition. Imagine PIMA was one of 20-30 PDP drugs...get it now.
High Beta (ACAD 2.75) stocks esp biotechs, always attract shorts. Most longs here held this when it retraced down to $15+, we didn't sell then. So now the strong hands gripping tighter as the NDA approaches. Shorts starting to figure it out.
What a lot of people don't realize is the money that any Pharmacy saves by having low inventory (partial fills of brand name drugs), using generic drugs, etc. Save's YOU money. That is why your Health Insurance contracted with WAG, because they offered lower cost drugs. Otherwise, your health insurance would have to go to a higher cost pharmacy and believe me they will eventually pass the higher cost on TO YOU. So if you want that higher cost "Beverly Hills" pharmacy, then you will pay for it via Higher price health care - monthly premiums and co-pays.
Walgreens...I shop there. Their store is well run and has a good selection of products. They have the best selection of batteries I have ever seen and I did an evaluation of this a few months back. Better than Home Depot. As far as the pharmacy goes, I use it once 'n a while. I have have had no problems. Some of the issues mentioned by swamp are typical of pharmacy trying to keep low inventories, following insurance companies protocols and high prices of brand name drugs. So get use to it, these are bottom line issues that help WAG rake in the cash. Check their stats, they make good Rev's although less than CVS , but they have more cash and less debt that CVS. So fairly well run, the recent "glich" is probably a short term problem that can be fixed. If I was thinking buying opportunity I would watch the TA Indicators & Candlestick chart CLOSELY for signs of reverse, then try to buy on a RED DAY. Let the rats abandon the ship first. Then I would only buy about 25% of my total investment. Watch the EMA 5/20 etc. good luck
As we approach the fall its going to run. But I would still take caution with buying on UP days. I like to buy on Red days. Still plenty of time to add on to your core holdings. Looks like good support at $ 22.13. Today, buying came in , perhaps some shorts starting to figure out its getting close to the end of the line for them in this range. I suppose some dimwits are still hoping for $ 15-19. Ah.....don't hold your breath.
Type Value Conf.
resist. 28.78 2
resist. 25.30 2
resist. 23.70 4
resist. 23.21 3
supp 22.13 12
supp 21.05 5
supp 20.08 10
supp 19.27 4
supp 17.88 4
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Read moreRecent CandleStick Analysis
Aug-21-2014 Bearish Engulfing
Aug-19-2014 Bullish Harami
Acadia Pharmaceuticals Incorporated
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Its now riskier to short than to buy & hold.
Afrezza....will only get about 1% of the diabetic market and sales could be VERY DISAPPOINTING. But good company fundamentals could keep this stock from a future huge DUMP when the first Q sales are announced.