Not a big deal , now just hold on. We are headed for $40+. 16.8 million short shares are going red fast.
Your a CPA?...YOUR A JOKE. ...." I'm not a tax expert...", " ..I believe.." . This is not the way my CPA advises me. First of all HE IS A TAX EXPERT...and he doesn't "believe ", ...HE KNOWS THE TAX LAWS. Good grief, you are like Lucy advising Charlie Brown. The only difference is she is making 5 cents and you are making NOTHING.
Seriously asking a message board about a TAX question...get a frigin CPA dude, now you can afford it.
Great solid move up on good volume so far, if it keeps up like this we could hit $36 + soon. All LONGS have to do is HOLD. There just isn't enough shares out there to make it easy for shorting or buying without raising the price.
If you think you can manage a group of biotechs better than a money manager then continue your method, But, IDRA, CLDX, ARIA, STML, SYN, INO, SGEN and ONVO are all losers compared to the IBB over the last one year. Only OPK, CELG were better...and GILD was the same as IBB. This is why I prefer to know a lot about a few biotechs. If I even thought about owning 11 biotechs it is much safer to just buy the IBB. Now the last one yr gain for IBB is about 26% and ACAD is about 43%. I would bet if you added your gains and losses of all those stocks you own you might be less than the IBB gains depending how much you invested in the 2 stocks: OPK & CELG. Of your list only OPK is significantly higher than ACAD at this time, but we will see after the NDA how they compare.
other stocks...none. I tried to look for a specific biotech but I could not find what I was looking for so just in ACAD. I don't like biotechs with high hopes in the Oncology sector. I owned IBB for a while, and CPHD years ago and made a ton with those. Now ACAD has the best up side potential of any stock I have ever owned so staying here.
Geez I wish I worked at Acadia...imagine being a member of the team getting ready to put in the NDA for a drug that will change thousands of peoples and families lives for the good. Wow how great is that. I know, I have had many patients with PD and some with the PDP. Its really difficult to take care of these patients. Many specialists are involved from Neurologist, Psychiatrist, Pulmonary, Physical therapy , Home Health care or Skilled Nursing. I remember as a young kid growing up in ELA I walked down 1st street & Rowan where the cable car stopped in the middle of the street. This elder man with a cane and shaking hands stepped down to the street and was walking, more like shuffling to get on the cable car...but he walked slower and slower till he just stopped in the middle of the lane. He was frozen. People started yelling at him to watch out for the cars then someone came to his aid and helped him get started again. I always wondered what caused him to do that. Most likely it was Parkinson's.
Gravy train...well now yes. but when she joined back in 2008 the share price of the "gravy train " was only $1+. so she believed in a company and worked hard for a company that share price was $1. She deserves to be on the gravy train for a while.
Don't reply, just put her in the Iggy basement with the other DimWits. IGNORED.
Not sure why some doctors think they can get away with this kind of billing. Now the DEA FDA and other health care watch dogs have all the information at hand. They just follow the money. Follow the prescriptions etc. They just keep watching your info for a month or two and then they bring the hammer down. In this particular instance, it was "$600,000 in benefits over the years". I remember once when Cozar first came out the drug company offered a 2 hour talk on their new product...it came with a free 3 day stay at the La Costa Resort & Spa. Man it was great. Beautiful place. Back then it was legal. The laws have changed dramatically, The detail guys can't give hardly anything away anymore.
Good luck shorty...Uli already said no more delays at the last Q rept. So if you know more than him keep holding your losing Short Position. You will get Tea bagged soon.
"Massive pipeline" is mainly two P2 and one P1...why its a $6+ dollar stock I have no clue. It should be not more than $ 2-3+. This stock chart shows at one point it was above $25. OUCH! Anyone who buys it will most likely lose half their money and if you look at the decline there are a ton of bag holders wishing they NEVER heard of ARWR. Even if the stock were to pop for some reason it would be sold off in short time. My general recommendations for speculative biotechs stocks are WELL MANAGED biotech with 1 or 2 advanced P3's at a minimum. I tend to avoid the companies with mostly oncology studies.