It just came out a few minutes after three. According to the article, It seems while Lakewood has been bashing Opk, they filed a 13D saying that they have over 2 and a half million invested in Opk at a price of 11.52 per share. Article seems to imply that Lakewood is trying to drive the price down to take a larger position. If true, Lakewood needs a good thrashing. Don't take my word for it, but check out the article if you own OPK or are thinking about taking a position in it. Good luck!
Check out the article just out. Says Lakewood bought OPK shares at 11.52 for a total of $2,661,000. Believes Lakewood iis trying to manipulate the price to buy more shares. If true, these guys ought to really get nailed. I bought more shares when I saw the post, but don't take my word for it, read it for yourself!
Should be interesting to see how the analysts view Linda's presentation. Everything seemed positive, so I guess their valuations and projections will be based on how they view NWBO's science and its chance of becoming a viable treatment for many different types of cancers. They also will factor in how likely a large pharma might be interested in NWBO. I wouldn't be surprised to see a positive report or two, especially if we get some positive news as Linda suggested within this calendar year.
Linda, like the rest of us, likes to make money with their investments. If a buyer stepped up with the cash, I don't think she would think twice if the deal was fair. A big pharma has the deep pockets to move things along without having to offer shares to raise money every now and then. NWBO has enough to run the show for close to a year, but Linda will face dilution like the rest of us if NWBO has to issue more shares to raise the money they will need to move things along down the road.
Everything I heard was positive: no toxicity, impressive survival rates, treats a wide variety of cancers, manufacturing capability established, plenty of cash, humanitarian use in Germany, cooperation with Germany and England, cost effective treatment, vaccine can be made and frozen for 3 - 5 years of use, over 100 patents, more news this calendar year, trial results as early as first quarter of next year, etc. We didn't get the earth shattering announcement that traders were looking for, but the totality of the news was really great. Never know, a large pharma may look at NWBO and decide to take them out while the price is down here. Any way you slice it, I don't mind holding NWBO for the long term. Everything I have researched and heard, along with the testimonies of many oncologists and patients, has convinced me that this is the real deal.
Maybe that's what Linda meant when she said to look for additional announcements this calendar year. Hey, maybe they have a deal in the works.
I believe that the hospitals were applying for approval and reimbursement to use the drug with patients who were out of other options. This tells me that the hospitals view NWBO's treatment as being worth a try.
An then you have patients who have survived much longer and are still going.
That sounds like good news to me.
So, Frankie baby, what's your plan? By the way, how do you think Americans will react if you twerps repeal no lifetime limits, no pre-existing exclusions, children on family plans until 26, etc. A young lady I know just had a heart/lung transplant. Luckily, she was on her parent's plan even though she was over 21, thanks to the new law. She will need lifetime expensive medical care, and she can get it now because of the new law. She has been sick all her life, and she has already exceeded a million dollars in medical expenses. Without the new law she would have no chance. A neighbor of ours was diagnosed with a brain tumor. The drug she is on costs $50,000 a month. Her company laid her off, and she lost her drug plan. Her house is now up for sale because she needs the money to pay for her life saving meds. Maybe the new law will help her out come next year. You clowns who criticize everything propose no solutions. I guess you are fine to watch neighbors suffer not to mention the people you don't see or hear about. Gripe and criticize all you want because President Obama will be in office for three more years, and responsible statesman will do their best to refine the law just like they did with Social Security, Medicare, Medicade, and Medicare Part D.
FTNT is blowing through resistance on a pretty weak market day. We still have a ways to go just to get back to where we were before the CFO departure. I am enjoying the ride these last couple of days.
You make good points. In fact, the same thing is happening to many bios that have had a nice run. GALE may have a lot of promise, but when it is long term, expect the market to bounce it around so the big boys can make money.
As soon as the health care law gains a foothold and people adjust to it as they did to the Medicare D drug plan, then Republicans will stop calling it Obamacare. It is hard to take health care reform criticism seriously from people who are content with 50 million+ Americans not having health insurance and 50% of our bankruptcies caused by medical bills that people can't pay. The Affordable Healthcare plan is based on the Republican/conservative idea which was popular until President Obama embraced it. Romney's tremendous success in MA has been dwarfed by his inability to embrace the concept for the rest of the country. The US presently spends about twice as much as any other industrialized nation spends on healthcare, but unlike all the others, we don't cover all our citizens, and our medical care is ranked well below most of those countries. As Sen. McCain has said, the problem is that the Republicans don't have a plan.
By the way, on the investing front, NWBO is having a good couple of days. Presentation today, and I believe A.M. press release indicated trial results will be out early next year. IMHO.
CFO leaving is a good thing if he didn't really want to be with the company for personal reasons. If the market decided to punish FTNT for that, so be it. It gave new investors in FTNT a cheap entry and allowed long time investors a chance to average down. The buyback will allow FTNT to reduce its float and increase earnings per share at a bargain price if done quickly. With investment houses, analysts, etc. coming out with their 2014 wish lists of stocks to buy, FTNT should look pretty interesting and undervalued at this price. The CFO drama aside, FTNT should be trading higher by a couple of bucks IMHO.
If you sell your shares for a tax loss, you can't buy back in quick enough to take advantage of what I think will be a solid bounce. Now that we have breached $18, I expect bargain hunting, analyst upgrades, and the buyback to push this considerably higher. If this dips much below $18 again, I will continue to add more shares.