I presume all the QA issues have been cleaned up otherwise the FDA would not have accepted the NDA aye. This drop has created a huge opportunity for those who can white knuckle it for a few months as China & Oil take the hit.
Well, I didn't like his selection either, but have grown to accept him. So far he has done well. This CMO selection seems to be planning for the future in...Schizophrenia...Alzheimer's. ACAD has always played the game that they want to go it alone, but when another company comes in and lays the cash on the table things can change fast. If it happens it happens.
of the 192 stocks in the IBB, only 26 closed in the RED on friday, 1/22. And most less than 2% down
And the IBB is also right at its EMA8...but even though ACAD may tend to move as the IBB does...ACAD is way more volatile compared to the IBB and ACAD is way OVER SOLD compared to the IBB. Now I mentioned before we could drop to the $15-17 range (Puke Range), but if ACAD can move above the EMA 8 , also know as a "Trigger Point", then perhaps the bottom is already in. Reversals are usually noted after they occur. GLTA.
Many "good" stocks seem to have bottomed, at least off the lows for now...weaker ones may take another hit.
Today-2 losers ACAD and ITCI....winner CLDX. All the others in between.
I had it about 1+ year ago ( can't remember how I got it)- I was feeling well then started feeling a mild stomach upset and I swear within 15-20 min ...well you don't want to know...it was awful. I have seen many people with it, most go directly to the Emergency Room but many ended up in my office. Most got intravenous fluids in my office, if they didn't improve or were just too dehydrated I had to call the ambulance to send them to the ER for hydration. Many get admitted esp those with other illness like diabetices, etc.
If you have never had norovirus you don't realize how terrible it is. We are not talking the average food poisoning, this is the pit pull of foodborne infections.
""" Chipotle will be closing its restaurants nationwide on Feb. 8 for a "national team meeting" as the company works to battle an ongoing fallout from a string of high-profile foodborne illness outbreaks that began in August 2015.
Chipotle Mexican Grill, Inc. Communication Director Chris Arnold confirmed the closure Friday, saying all U.S. restaurants will be closed for lunch and will re-open at 3 p.m. in each time zone."""
All i know is we got the Rams back...and maybe another team too....hehehehehe
The offering hurt absolutely. Like I said above...poor management decision just the dumbest thing they could do with china already falling.
Stocks with no rev's, stocks over valued, stocks with no products, stocks with high debt, stocks with too much hype, stocks with poor management, stocks in a bubble sectors, stocks with poor guidance, stocks with no strong partnership etc, some of these issues apply to ACAD. Thats not to say you can't make money here, just my view why so many stocks are getting killed.