I seriously doubt that the company will jump close to $7 today before the close. My prediction is that it will sell-off late in the day. Traders who tried to buy the lows will try to take profits, if any, before the market closes.
Wow, seems like an over reaction to me. You hope the store goes broke because they don't accept checks. Many stores no longer accept checks due to fraud issues. I find it much easier to use cash or credit anyway. Unemployment uses direct deposit now in most cases. Checks are costly and subject to fraud.
Whip, take yourself and your children and go over there and fight if you want to continue the war. If the Iraqi's don't have what it takes to stand up and fight for themselves, why should our young men and women die for them. The colonists stood up and fought for their freedom, if the Iraqis won't stand up for themselves then I guess they will always live in fear and turmoil.
Hopefully, the news will be good on July 31. If you had a $80,000 surgery today, the bills would start showing up about then.
A little dip now should be nothing if the trial news is good.
Not so sure about buying more. If what CNBC just reported is true, it could be time to jump ship before the stock gets hit too bad.
There is the small matter of whether their pipelines get approved. Right now for some reason, investors have soured on CLDX.
Could be great for people with HEP-C as well as our healthcare sys. because the more drugs that come to market, the more companies will have to compete with insurance companies to get their business. Gilead's $1K a day pill will probably get a lot cheaper as competition gets approved.
IDIX has had a lot of trouble with their dealings with the FDA. New HEP-C treatments are coming to market fairly soon from some major players. IDIX got a sweet deal and I believe MRK overpaid.
The stock will be sold in a private placement at $4 a share to large investors and institutions. Those shares have not been issued yet. The shares you see trading today are the ones that have been shaken loose by the news. Some people/institutions are dumping their shares because they fear the stock will fall to or below $4. If regular traders see the $4 level as too cheap a price, they may be happy to buy a few pennies above $4. These things usually take a few days to play out. I have often seen the stock drop below the offering level, but with today being such a strong day, I doubt that will happen today. Next week might be another thing.
So this dilution just wiped out a large chunk of the last month's run-up. It seems like no big deal to me since the run-up wasn't based on any dramatic news. Company is still in early development trials, so I expect it will bounce around with the market. I think the dilution was a smart move by the company, but I am not so sure if it will benefit shareholders short term.
With people leaving for the weekend early on this beautiful day, I expect buying will dry up. Anyone waiting to sell their shares will most likely take a hit. NVAX hopefully has a good reason for this surprise, but I am a little concerned.
Everything is politics to you. You throw the "libs" word around with anyone who doesn't agree with your absurd extremism and asinine views on minorities, religions, women, college students, and anyone who is not an old fart like you. I am moderate in my politics and am conservative in my religion, but I don't think most people share your bigoted, hate filled views on just about every topic. In fact, I have met few people as obnoxious and offensive as you. As for your stock picking prowess, your posts are filled with so many conflicts and obvious fabrications that you have lost any credibility with those of us who have followed your posts for any length of time. Have a great weekend.
I only spoke of my Uncle's experience. My dad and many uncles served honorably in WWII, and none of them said much about their service. They did it because it was the right thing to do. As they got older, some opened up a little about what they endured. They were true patriots who did what was expected of them, and they didn't blow their own horns or whine about their tough times. They were real heroes - "The Greatest Generation." Two former tea party buddies of mine rushed to get married so they could avoid serving in Vietnam. One of them became a teacher and he took off every Veteran's Day as a public legal holiday causing the district to pay for a substitute teacher. He supported every war since he was born as long as he didn't have to serve or pay any taxes for them. He was all for sending other guys off to fight, but when he had the chance to serve his country, he proved to be a gutless wonder! But that doesn't stop him from spouting his pathetic and hypocritical nonsense! That's why I couldn't stand being around this guy anymore.
My uncle who is 92 served in the 101st - Normandy, Battle of the Bulge, etc. President Obama sent him a nice letter of his service and sacrifice a couple of years back. I believe it was on his 90th birthday. First time any President recognized his service except for the awards and medals he received at the time of his service. There was a nice article in the local news, and it meant a lot to my uncle. But then, the guys who served in
WWII did their duty for their country, and politics was not an issue back then as it has become now. Many of my younger "ultra" patriotic friends, ironically didn't serve when they had the chance. Rushed to get married, spent years in college, faked injuries, etc., but that hasn't stopped them from shooting their mouths off now when they think people don't remember. Sort of like Cheney who bragged about having better things to do and sought many deferments, and Bush who wouldn't even complete his national guard duty where he got special treatment. All talk and now show guys don't fool anybody!!!
Sure looks like some good news is floating in the wind. Too many good possibilities to speculate. Good luck. I don't know what the short position is here, but I would think it would be time to cover and move on.